<div id="readability-page-1"><h3>Claim 30% Off TipRanks Premium</h3><ul><li>Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions </li><li> Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential</li></ul>An update from Tower ( (TSEM) ) is now available. On March 25, 2026, Tower Semiconductor and Nuvoton Technology Corporation Japan agreed to a strategic restructuring of their joint venture Tower Partners Semiconductor Co. (TPSCo), which operates 12‑inch and 8‑inch fabs in Japan. Under the framework agreement, Tower will assume full ownership and operational control of TPSCo’s 12‑inch fabrication facility and related foundry business in Uozu, while TPSCo’s 8‑inch fab in Tonami will stay within TPSCo, which will become a wholly owned Nuvoton subsidiary. As part of the deal, Nuvoton’s Japanese unit will pay Tower $25 million upon closing, and both sides plan to maintain uninterrupted customer engagements, development programs and employee stability at the two sites. The realignment, expected to close on April 1, 2027 subject to regulatory and customary approvals, is designed to sharpen each company’s strategic focus and bolster their competitiveness in the global semiconductor market by better aligning assets with long‑term business goals and supporting mutual production services between the facilities. The most recent analyst rating on (TSEM) stock is a Buy with a $180.00 price target. To see the full list of analyst forecasts on Tower stock, see the TSEM Stock Forecast page. Spark’s Take on TSEM Stock According to Spark, TipRanks’ AI Analyst, TSEM is a Outperform. The score is driven primarily by strong technical momentum and solid financial quality (especially the conservative balance sheet). Earnings-call commentary adds support via upbeat guidance and a largely pre-reserved capacity ramp, while the main offset is a stretched valuation (high P/E) alongside recent free-cash-flow weakness and execution/contract risks. To see Spark’s full report on TSEM stock, click here. More about Tower Tower Semiconductor is a leading foundry of high‑value analog semiconductor solutions, providing technology platforms and development services for consumer, industrial, automotive, mobile, infrastructure, medical, and aerospace and defense markets. The company offers customizable process technologies including SiGe, BiCMOS, mixed-signal/RF CMOS, CMOS image sensors, power management, photonics, and MEMS, supported by design enablement and process transfer services across fabs in Israel, the U.S., Japan and a shared facility in Italy. Average Trading Volume: 2,318,491 Technical Sentiment Signal: Buy Current Market Cap: $19.24B Learn more about TSEM stock on TipRanks’ Stock Analysis page.</div>

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Tower Semiconductor and Nuvoton Technology Corporation Japan have agreed to restructure their joint venture, Tower Partners Semiconductor Co. (TPSCo), which operates semiconductor fabs in Japan. Tower will take full ownership of the 12-inch fab in Uozu, while the 8-inch fab in Tonami will remain with TPSCo, now a wholly owned subsidiary of Nuvoton. Nuvoton will pay Tower $25 million upon closing, expected by April 1, 2027. This realignment aims to enhance competitiveness in the semiconductor market and maintain customer engagement and employee stability.

Tower Semiconductor, Nuvoton to Restructure TPSCo Fabs in Japan