Tower Semiconductor (TSM) Reports Q1 Revenues in Line With Estimates; Shares Rise 4%

Tower Semiconductor (TSM) reported first-quarter revenue in line with Wall Street estimates on February 11, 2026. The company generated $312 million, matching the average analyst forecast of $310 million, with non-GAAP results also exceeding expectations. The stock closed at $28.45 on February 11, 2026, up 4% on the NASDAQ, reflecting strong guidance and stable demand in automotive and industrial semiconductors. Management cited higher output in key segments and pricing stability as drivers of the performance.