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Tower Semiconductor And OpenLight Announce Availability Of OpenLight’s Photonic Process Design Kit For Tower's PH18DAindium Phosphide Photonics In Cadence’s Electronic Design Automation Tools

Aug 11, 2026, 10:06 AMBenzinga Newsdesk

Developed through close technical collaboration between the companies, the PDK now enables customers to design advanced photonic integrated circuits (PICs) within a widely adopted IC design environment and accelerate

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Source: benzinga
Observed: Aug 11, 2026, 10:06 AM
Checked: Aug 11, 2026, 10:06 AM
Cadence: Captured once, then retained as an archive reference
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Tower Semiconductor And OpenLight Announce Availability Of OpenLight’s Photonic Process Design Kit For Tower's PH18DAindium Phosphide Photonics In Cadence’s Electronic Design Automation Tools

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Related headlines

Consumer Tech (July 27-31): AI Boom Drives Tech Earnings As Apple, Amazon Lead Markets & More

B of A Securities Maintains Buy on Cadence Design Systems, Raises Price Target to $420

Cadence Design Systems shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY26 guidance above estimates. Also, the company issued Q3 EPS guidance above estimates.

Shares of semiconductor and chip companies are trading lower. The industry may be pulling back ahead of Nvidia's Q2 earnings report due August, 26.

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.

Shares 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.