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Why Tower Semiconductor Stock Skyrocketed on Tuesday

TheMotleyFool 
0 0 14.07.26
Why Tower Semiconductor Stock Skyrocketed on Tuesday: https://g.foolcdn.com/editorial/images/878789/fiber-cables-carrying-light.jpg
 

Shares of Tower Semiconductor (NASDAQ: TSEM) rallied on Tuesday, jumping as much as 19%. As of 11:46 a.m. ET, the stock was still up 15.9%.

The catalyst that sent the semiconductor foundry higher was a move to increase capacity to meet soaring demand.

Image source: Getty Images.

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Source Fool.com

Nordic Semiconductor Stock

€15.37
2.200%
Nordic Semiconductor gained 2.200% today.

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