Tower Semiconductor is trading at $139.98, up +7.26%, as chip stocks rebound after Thursday’s technology-led selloff.
- Premarket reporting described a relief rally among semiconductor and AI-linked shares.
- Investors are weighing concerns that the midterm results could slow U.S. AI infrastructure investment as chipmakers recover some prior-session losses.
- No clear company-specific announcement explains the move; available evidence points to a sector-wide rebound.