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Tower ends collaboration with Adani on Indian fab

Tower CEO clarifies that the company ended collaboration with Adani on Indian fab project, citing confidentiality agreements for lack of details. Tower's revenue and profits for the first quarter of 2025 are reported, with positive outlook for the second quarter. Oppenheimer maintains an 'outperform' recommendation for Tower's stock, highlighting growth potential.

Original article source: https://en.globes.co.il/en/article-tower-ends-collaboration-with-adani-on-indian-fab-1001510631
Source Id: 2025-05-723088604

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