Tower Semiconductor Partners with IQE for AI Photonics Supply and IP Resolution

Tower Semiconductor and IQE plc have finalized a multi-year agreement for Indium Phosphide epiwafer supply, which includes a technical collaboration focused on advanced silicon photonics for AI and data center infrastructure. The deal also resolves ongoing intellectual property disputes through a comprehensive patent license. This strategic partnership aims to bolster Tower Semiconductor's capacity to meet the increasing demand for AI data center components.