Tower Semiconductor (NASDAQ:TSEM) Strong Profits May Be Masking Some Underlying Issues

By Yahoo! Finance | Aug 6, 2024 at 07:02 AM EST

Tower Semiconductor Ltd. (NASDAQ:TSEM) recently reported solid earnings, but with a significant boost from unusual items, its underlying profitability may be weaker than its statutory profit suggests. Analysts' future profitability forecasts and other factors should be considered.

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