[ad_1] Russell Ellwanger, CEO of Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) from Migdal Ha’Emek, sounded glad this week on the first buyers convention held by the corporate for the reason that cancelation of Intel’s acquisition of the Israeli chipmaker. He offered the corporate’s imaginative and prescient for the approaching years and reiterated the forecast of $2.66 billion annual income someday sooner or later. Though Ellwanger didn’t title a exact date to realize the goal however market analysts consider that this may occur in 2028. In 2023, Tower reported income of $1.42 billion. Talking on the convention, held on the…
Author: Netanel Ariel
[ad_1] “The funds was good after we handed it on the finish of final Could,” Minister of Finance Bezalel Smotrich mentioned on the opening of the funds debate, when he known as on the Knesset to approve the revised funds for 2024, following the outbreak of struggle. Actually, nevertheless, the professionals on the Ministry of Finance are taking a experience on the struggle. The ministry’s Budgets Division has really dug a NIS 74 billion gap for us prior to now two years, and is now making an attempt to brush its accountability below the carpet. The decline in state…