Tower Semiconductor is trading 10.52% down at $133.15 on November 5 amid a sharp semiconductor-sector selloff.
- The semiconductor index was down 8.05% in morning trading as investors weighed possible AI data-center regulation and weaker handset-chip demand.
- No new company-specific negative catalyst surfaced in the reports reviewed.
- November 2 results and record fourth-quarter guidance were positive and do not explain the current decline.