Tower Semiconductor shares slide as chip selloff resumes, extending a pullback after strong Q1 update

Tower Semiconductor Ltd. (TSEM) is down 10.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears most consistent with a broader risk-off swing in semiconductors and AI-linked hardware, where investors rotated out of high-momentum chip names amid heightened volatility and macro sensitivity. With no clear, same-day company-specific disclosure showing up, the decline also looks like an extension of a pullback after a sharp run following Tower’s recent quarterly update and longer-dated silicon photonics contract news.

Details:

U.S. chipmakers came under renewed pressure as the tech-heavy market sold off and semiconductor leaders saw outsized intraday swings after an extended rally earlier in 2026.

Recent trading in TSEM has shown large daily ranges; for example, the stock saw a near-10% down day in early June, highlighting how quickly sentiment has been shifting in the group.

In its May 13, 2026 results release, Tower pointed to a strong start to 2026 and issued Q2 revenue guidance, which helped fuel optimism but also raised the bar for future execution.

The same May 13, 2026 filing also referenced signed customer contracts tied to future silicon photonics revenue, a narrative that can amplify both rallies and profit-taking on risk-off days.

Sources:

Tower Semiconductor investor materials/SEC filing, StockAnalysis, SWI swissinfo.ch

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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$TSEM Hedge Fund Activity

We have seen 206 institutional investors add shares of $TSEM stock to their portfolio, and 195 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

PRICE T ROWE ASSOCIATES INC /MD/ added 2,673,246 shares (+57.1%) to their portfolio in Q1 2026, for an estimated $469,101,208
GOLDMAN SACHS GROUP INC removed 1,798,515 shares (-81.5%) from their portfolio in Q1 2026, for an estimated $315,603,412
SENVEST MANAGEMENT, LLC removed 1,699,577 shares (-42.8%) from their portfolio in Q1 2026, for an estimated $298,241,771
POINT72 ASSET MANAGEMENT, L.P. removed 1,613,540 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $283,143,999
CAPITAL WORLD INVESTORS added 1,326,761 shares (+inf%) to their portfolio in Q1 2026, for an estimated $232,820,020
CAPITAL INTERNATIONAL INVESTORS removed 1,322,862 shares (-69.8%) from their portfolio in Q1 2026, for an estimated $232,135,823
VICTORY CAPITAL MANAGEMENT INC removed 1,212,285 shares (-85.6%) from their portfolio in Q4 2025, for an estimated $142,346,504

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$TSEM Analyst Ratings

Wall Street analysts have issued reports on $TSEM in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Benchmark issued a "Buy" rating on 02/12/2026

To track analyst ratings and price targets for $TSEM, check out Quiver Quantitative's $TSEM forecast page.

$TSEM Price Targets

Multiple analysts have issued price targets for $TSEM recently. We have seen 4 analysts offer price targets for $TSEM in the last 6 months, with a median target of $315.0.

Here are some recent targets:

Cody Acree from Benchmark set a target price of $335.0 on 05/14/2026
Medhi Hosseini from Susquehanna set a target price of $330.0 on 05/14/2026
Matt Bryson from Wedbush set a target price of $300.0 on 05/14/2026
Tavy Rosner from Barclays set a target price of $142.0 on 02/13/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.