# Tower Semiconductor ownership, earnings, expansion

> Live situation record from CLSTR: https://clstr.news/situations/tower-semiconductor-ownership-and-earnings
> Updated: 2026-08-03T16:40:31.000Z. Sources: 11. Developments: 2.

In late July 2026 hedge funds increased their stakes in Tower Semiconductor, with Rokos Capital raising its holding to about 0.21 % (valued at $41.7 million) and Renaissance Technologies expanding to roughly 0.24 % (about $48.2 million). Combined with other investors, these funds now control roughly 70.5 % of the company's outstanding shares, prompting analysts to reaffirm or raise buy ratings.

The Israeli chipmaker then reported a record second‑quarter revenue of $460 million, a 24 % year‑over‑year rise, and a net profit of $90.8 million, up 39.6 %. Earnings per share were $0.76 and the share price rose 1.09 % in volatile trading, lifting market capitalisation to about $26.8 billion. Management projected third‑quarter revenue above $500 million, targeting $520 million—about 6 % higher than analysts’ estimates—and outlined further capacity expansions through 2026, including new facilities in Japan and data‑center projects for 2026‑2027. The company also aims for a $1 billion annual run‑rate for its SiPho line by late 2026. Strong cash flow and a cash‑and‑investments balance near $1.5 billion supported an optimistic outlook, with the CEO reaffirming a $3.6 billion revenue goal by 2028. The financial results reinforce the heightened investor interest noted in the earlier stake‑building activity.

## Claims

- Tower Semiconductor reported Q2 revenue of $460 million. (single source)
- Q2 revenue represented a 24% increase compared with the same quarter last year. (single source)
- Earnings per share for Q2 were $0.76. (single source)
- Net profit for Q2 was $90.8 million. (single source)
- Adjusted net profit attributable to shareholders was about $101 million. (single source)
- Tower generated $177 million from operating activities in Q2. (single source)
- Cash and investments at quarter end were nearly $1.5 billion; long‑term debt was $125 million. (single source)
- CEO Russell Ellwanger said the company expects Q3 revenue of $520 million, a 31% increase year over year. (single source)

## Timeline

### 2026-08-03: Tower Semiconductor Reports Record Q2 Revenue and Profit Growth

Tower Semiconductor posted Q2 revenue of $460 M (up 24 %) and record profit of $90.8 M, lifting its share price and prompting expansion plans for 2026‑2027.

9 sources. https://clstr.news/cluster/semiconductor-makers-ultra-clean-and-tower-post-strong-q2-earnings

### 2026-07-28: Tower Semiconductor gains larger stakes from major hedge funds

Rokos Capital and Renaissance Technologies raised their stakes in Tower Semiconductor to about 0.21% and 0.24% respectively, pushing hedge fund ownership to ~70.5% as analysts maintain positive ratings.

3 sources. https://clstr.news/cluster/tower-semiconductor-gains-larger-stakes-from-major-hedge-funds

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Cite as: Tower Semiconductor ownership, earnings, expansion. CLSTR, https://clstr.news/situations/tower-semiconductor-ownership-and-earnings