🟢 Tower Semiconductor is trading 8.3% up in pre-market as chip-sector shares rebound after sell-off

Tower Semiconductor is trading at $141.87 (+8.31%) in pre-market as the broader chip sector rebounds after the sell-off.

• The gain follows a steep decline in the prior session.
• No new company-specific announcement dated November 6 was identified.
• Strong third-quarter results and above-consensus fourth-quarter revenue guidance were announced November 2, so they do not establish a fresh overnight catalyst. The evidence points mainly to sector sentiment.