Tower Semiconductor (TSEM) shares jumped 13% premarket on Thursday after the company said it is teaming up with Nvidia (NVDA) to advance AI infrastructure with 1.6T data center optical modules.
“The exponential growth of AI is driving the need for a new class of high-speed, scalable networking to connect AI infrastructure,” said Gilad Shainer, Senior Vice President, Networking, NVIDIA. “NVIDIA is collaborating with Tower Semiconductor to advance the ecosystem, enabling more efficient AI infrastructure through next-generation silicon photonics and accelerating AI applications at scale.”
Tower Semiconductor said its silicon photonics technology can deliver up to twice the data rate of earlier solutions, increasing bandwidth and throughput for optical connectivity and helping accelerate AI workloads across AI infrastructure.
Source: Press Release