T. Rowe Price Associates, Inc. Reports New 6.6% Stake in Tower Semiconductor Ltd

T. Rowe Price Associates, Inc. filed a Schedule 13G on May 15, 2026, reporting a new 6.6% stake in Tower Semiconductor Ltd (TSEM). As of the event date on March 31, 2026, the investment firm beneficially owns 7,388,751 shares of common stock. The filing indicates that T. Rowe Price has sole dispositive power over all 7,388,751 shares and sole voting power over ,129,804 shares. Based on previous data showing zero holdings, this represents a significant new position for the investment adviser. The securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. T. Rowe Price Associates, Inc. is a Maryland-based corporation and filed this statement under Rule 13d-1(b) as an investment adviser. The total value of the position is estimated at approximately $2.02 billion based on the provided transaction data.