Tower Semiconductor (NASDAQ:TSEM) shares are up in Monday’s premarket session as the company advances AI infrastructure through a collaboration with Oriole Networks.

Details

Tower Semiconductor’s advanced silicon photonics platform is expected to boost optical networking by integrating high-speed optical circuit switching and transceivers tailored for AI infrastructure.

Collaborating with Oriole Networks will help commercialize nanosecond optical circuit switching technology, and reduce latency in AI networking applications.

This partnership is particularly relevant as the AI Networking market is projected to exceed $80 billion by 2030.

The integration of Tower’s technology with Oriole’s networking solutions aims to create a scalable AI fabric capable of handling the growing demands of modern AI models.

Recent Earnings Release

Last month, the company topped fourth-quarter estimates on revenue and earnings as margins surged and demand for silicon photonics accelerated.

According to a Reuters report, surging demand for Tower’s silicon photonics technology, which uses light to transmit data at ultra-high speeds, has positioned the company as a key supplier to data center operators racing to build infrastructure to support increasingly complex AI workloads.

In particular, the company reported quarterly revenue growth ...