Tower Semiconductor announced a $3B Japan expansion backed by $1B in METI grants, targeting silicon photonics capacity for AI data centers by late 2027.

Tokyo, July 14 (Jiji Press)--Japan's industry ministry said Tuesday that it will provide up to 159 billion yen in subsidies to the Japanese unit of Israel's Tower Semiconductor…

Tower Semiconductor plans to quadruple 300mm fab capacity in Uozu, Japan, backed by METI subsidies and a joint venture restructuring with Nuvoton worth