On July 13, Tower Semiconductor fell 5.2% in pre-market trading, trading at $211.16/share, with turnover of $3.14 million.

Within the Semiconductors sector where Tower Semiconductor belongs, the overall sector is under broad pressure. Among individual stocks, Micron Technology down 5.44%, NVIDIA down 1.5%, Advanced Micro Devices down 2.89%, Intel down 3.59%, Broadcom down 1.85%.

Tower Semiconductor Ltd. is an independent semiconductor foundry focusing on specialty process technologies to manufacture analog intensive mixed-signal semiconductor devices. It provides various customizable process technologies including SiGe, BiCMOS, mixed signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS, serving markets such as consumer electronics, communications, automotive, industrial, aerospace, military, and medical devices. The company's next earnings report is expected on August 4, with consensus EPS of $0.69.

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