Registry · TSEM
Does Tower Semiconductor Ltd. support Israel?
Yes — Tower Semiconductor Ltd. has documented support for Israel on record. Every claim below links to its source.
Filed under: Tech companies · Companies that support Israel
Background
Tower's inclusion rests on its Israeli identity and operations, not on rumor. The best-known episode around the company is history rather than current evidence: in February 2022 Intel agreed to buy Tower for $5.4 billion, a deal that would have made Israel's veteran foundry part of the US giant; it collapsed on August 16, 2023 when Chinese regulators withheld approval amid US-China tensions, and Intel paid Tower a $353 million termination fee. Three weeks later the companies signed a partnership instead — Tower committed $300 million for equipment at Intel's New Mexico plant, giving it 300mm capacity there. Tower then grew independently, roughly doubling in value by late 2025 on AI-driven demand for its silicon-photonics chips.
CNBC (Aug 2023) Times of Israel (Aug 2023) Calcalist (CTech) — $300m Intel foundry deal Calcalist (CTech, Nov 2025) — post-deal growth
Timeline of documented support
Documented support
| Type | Date | Amount | Recipient | Sources |
|---|---|---|---|---|
| Operations in Israel | 1993 | — | State of Israel (taxes, employment, strategic industry) Israel's veteran chipmaker: headquartered in Migdal HaEmek, where it has manufactured analog semiconductors for some three decades (founded 1993), operating two wafer fabs there — its largest single manufacturing base and a major industrial employer in northern Israel — alongside plants in the US, Japan and Italy. Dual-listed on Nasdaq and the Tel Aviv Stock Exchange, Tower reached a market value of about $10 billion in November 2025, ranking among Israel's most valuable technology companies. | |
| Operations in Israel | 2023-11-13 | — | State of Israel (wartime industrial continuity) Kept its Israeli fabs running at full commitment through the war that began October 7, 2023: announcing Q3 2023 results from Migdal HaEmek on November 13, 2023, CEO Russell Ellwanger said 'During this challenging time in Israel we have not missed a single customer commit, with strong activities in place to continue seamless operations,' while the company's SEC filings flag war risks to the Israeli fabs including workforce absences due to military reserve service — continuity that kept Israeli production, employment and exports flowing during wartime. |
Frequently asked questions
Did Tower Semiconductor Ltd. donate money to Israel or Israeli causes?
We have no records of cash donations, but Tower Semiconductor Ltd. has documented support of other kinds (Operations in Israel). See the records on this page.
Where does this information come from?
Every record on this page links to its source — news reports, official company statements, tax filings, or government records. 5 distinct sources are cited for Tower Semiconductor Ltd.. Our methodology page explains the full verification process.
Sources & citations
Record last updated: 2026-07-22
- Times of Israel (Aug 2023) timesofisrael.com
- Calcalist (CTech, Nov 2025) — post-deal growth calcalistech.com
- SEC 6-K Q3 2023 results (official) sec.gov
- CNBC (Aug 2023) cnbc.com
- Calcalist (CTech) — $300m Intel foundry deal calcalistech.com