On September 17, Tower Semiconductor rose 5.34% in pre-market trading, trading at $213.0/share, with turnover of $1.2305 million. The stock had already gained 3.63% in the prior session, recovering from a nearly 10% single-day pullback on September 14 when the broader semiconductor sector came under heavy selling pressure.
On the news front, Goldman Sachs significantly raised its 2027/2028 demand forecasts for 800G and above optical modules to 144 million and 171 million units respectively, citing persistent shortages in key components including DSPs, lasers, and PCBs. Supply-side constraints are expected to become the core bottleneck for shipments and pricing, with 1.6T module prices projected to hold above $700. The upward revision has fueled a broad rally in optical communication stocks.
Simultaneously, according to the latest SEC filings, Andar Capital Management HK Ltd dramatically increased its position in Tower Semiconductor by approximately 28.02 million shares, now holding roughly 28.15 million shares representing a 24.95% stake — a change of 21,553.17% from the prior quarter. The combination of a sector-wide tailwind and a significant institutional accumulation signal has driven renewed investor interest in the stock.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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