Tower Semiconductor is a pure-play independent foundry focused on the manufacturing of semiconductors. Co. manufactures semiconductors for its customers primarily based on third party designs. Co. provides the process manufacture geometries of 0.35, 0.50, 0.55, 0.60, 0.80-micron and above on 150-mm wafers and 0.35, 0.18. 0.16 and 0.13 -micron on 200-mm wafers and 65 nanometer on 300-mm wafers. Co. also provides design support and complementary technical services. Integrated circuits manufactured by Co. is incorporated into a range of products in various markets, including consumer electronics, personal computers, communications, automotive, industrial, aerospace and medical device products. We show 12 historical shares outstanding datapoints in our TSEM shares outstanding history coverage, used to compute TSEM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TSEM market cap history over the course of time is important for investors
interested in comparing TSEM's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of TSEM versus a peer is one thing; comparing
TSEM market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like TSEM can fluctuate over the course of history.
With this page we aim to empower investors researching TSEM by allowing them to research the TSEM market cap history. |
Free TSEM Email Alerts:
Video: The Importance of Market Cap
