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Israeli chipmaker Tower beats revenue estimates on demand from automakers

Demand from the automotive industry has emerged as a bright spot for the chip industry at a time other clients are cutting back on orders, as carmakers had faced a severe semiconductor shortage over the past two years and their supply chains have only started normalizing in 2023. Israel-based Tower provides customers with analog and mixed-signal semiconductors, mainly for the automotive and consumer industries.
Tanya Jain Shailesh Kuber Yamini Kalia Tower Semiconductor
Source: yahoo.com

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