The curse of being Israel’s most valuable company

Jun 25, 2026 9:14 am | JPost BizTech, Technology

In January, Israel’s Ministry of Defense signed a multi-year contract with Semiconductor Devices valued at approximately $115 million (NIS 380 million). (photo credit: DEFENSE MINISTRY)
Tower’s share price has jumped nearly 900% in the past five years, but less than 24 hours after reaching the top, the world’s chip stocks plummeted, and Tower’s share price tumbled 10.79%
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