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Tower Semiconductor shares are trading higher after B of A Securities initiated coverage on the stock with a Buy rating and announced a $367 price target.
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- benzinga
- Observed
- Aug 7, 2026, 11:25 AM
- Checked
- Aug 7, 2026, 11:25 AM
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- Captured once, then retained as an archive reference
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- fresh
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Shares of semiconductor companies are trading lower amid concerns that OpenAI's Q2 earnings may weigh on AI growth. Today's Fed minutes revealed that many participants assessed that higher rates would likely be necessary if inflation did not fall.
Read original at benzingaShares of semiconductor and chip companies are trading lower amid rising oil prices and bond yields, prompting inflation concerns. Also, declining memory chip companies may weigh on the broader industry.
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Read original at benzinga