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Tower Semiconductor, Marvell Ship Over 5 Million Photonic Chips For AI Data Centers

Benzinga·
Tower Semiconductor, Marvell Ship Over 5 Million Photonic Chips For AI Data Centers

Tower Semiconductor and Marvell Technology announced they have shipped over 5 million coherent photonic integrated circuits (PICs) for AI data center applications. Tower is expanding its silicon photonics capacity fivefold by end of 2026 and signed a multi-year supply deal with IQE for Indium Phosphide epiwafers. The stock is trading near 52-week highs with strong technical indicators and analyst consensus rating of Buy.

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