Tower Semiconductor Partners with LightIC to Develop LiDAR Sensors for Automotive Applications
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 05 2026
0mins
Source: Benzinga
- Strategic Collaboration: Tower Semiconductor has announced a strategic partnership with LightIC to manufacture Frequency-Modulated Continuous-Wave (FMCW) LiDAR sensors using its mature silicon photonics platform, targeting automotive and robotics markets, which is expected to enhance the company's presence in emerging Physical AI applications.
- Market Potential: Research from Yole Group indicates that the global automotive LiDAR market is projected to grow from $859 million in 2024 to $3.6 billion by 2030, representing a 24% compound annual growth rate, providing a significant market opportunity for Tower's technology applications.
- Technology Integration: This collaboration extends silicon photonics into sensing applications requiring tightly integrated optical functionality, enabling complex coherent LiDAR optical functions to be directly integrated into silicon, thereby improving product qualification and long-term manufacturability.
- Path to Commercialization: Tower noted that the scaling of AI networking has accelerated the maturity of silicon photonics processes, laying the groundwork for deploying this technology in automotive and sensing-driven Physical AI systems, facilitating the transition of 4D FMCW LiDAR from advanced development to real-world applications.
Get Free Real-Time Notifications for Any Stock
Monitor tickers like TSEM with instant alerts to capture every critical market movement.
Sign up for free to build your custom watchlist and receive professional-grade stock notifications.
Analyst Views on TSEM
Wall Street analysts forecast TSEM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TSEM is 134.80 USD with a low forecast of 114.00 USD and a high forecast of 150.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
3 Buy
2 Hold
0 Sell
Moderate Buy
Current: 138.930
Low
114.00
Averages
134.80
High
150.00
Current: 138.930
Low
114.00
Averages
134.80
High
150.00
About TSEM
Tower Semiconductor Ltd. operates as an independent semiconductor foundry focused primarily on specialty process technologies. The Company focuses on producing integrated circuits (ICs) based on the design specifications of its customers. The Company manufactures semiconductors for its customers primarily based on third-party designs. It offers process manufacture geometries of 0.35, 0.50, 0.55, 0.60, 0.80-micron and above on 150 millimeter wafers, 0.35, 0.18. 0.16, 0.13 and 0.11-micron on 200 millimeter wafers, and 65 nanometer and 45 nanometer on 300 millimeter wafers. It also provides design support and technical services. The Company's ICs are incorporated into a range of products in markets, including consumer electronics, personal computers, communications, automotive, industrial and medical device products. The Company has manufacturing facilities in the United States, Israel and Japan.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Rockingstone Advisors Acquires Stake in Tower Semiconductor
- New Investment Disclosure: On January 28, Rockingstone Advisors disclosed a new position by acquiring 45,100 shares of Tower Semiconductor for approximately $5.30 million, indicating confidence in the company's market potential.
- Ownership Analysis: This acquisition represents 2.41% of Rockingstone's $219.49 million in reportable AUM, reflecting a strategic positioning in the semiconductor sector.
- Performance Growth Outlook: Tower Semiconductor reported third-quarter revenue of $396 million, a 6% sequential increase, with fourth-quarter revenue expected to reach a record $440 million, highlighting strong market demand and growth potential.
- Long-term Investment Value: Tower's focus on analog, RF, and power management products, which have longer product lifecycles and more stable customer relationships, suggests sustained earnings power in high-growth markets.
Continue Reading
Tower Semiconductor to Attend Technology Conference
- Conference Participation: Tower Semiconductor will participate in the 15th Annual Susquehanna Technology Conference on February 26, 2026, at the Lotte New York Palace Hotel, providing investors with one-on-one meetings with company representatives to enhance investor relations and market awareness.
- Market Positioning: As the leading foundry of high-value analog semiconductor solutions, Tower focuses on rapidly growing markets such as consumer, industrial, automotive, mobile, infrastructure, medical, and aerospace, showcasing its strong competitive edge across diverse sectors.
- Technological Advantages: Tower Semiconductor offers a variety of customizable process platforms, including SiGe, BiCMOS, and mixed-signal/CMOS, aiming to drive sustainable development through advanced analog technology that meets diverse customer needs.
- Global Presence: The company operates multiple facilities in Israel, the U.S., and Japan, ensuring multi-fab sourcing and extended capacity for customers, thereby enhancing supply chain flexibility in the global semiconductor market.
Continue Reading