Lightwave Logic Stock Surges 30% Following Agreement with Tower Semiconductor

2026-03-12 11:47:56

Investing.com – During Thursday’s pre-market trading, Lightwave Logic’s stock surged by as much as 30% after the company announced a development agreement with Tower Semiconductor aimed at launching a leading high-speed optical modulator.

According to the company’s statement, under the agreement, Tower and Lightwave Logic will collaborate to integrate Lightwave Logic’s compact, high-efficiency modulator reference designs for 110GHz and higher bandwidths into Tower’s PH18 silicon photonics process design kit.

The two companies plan to offer customers the opportunity to participate in upcoming engineering tape-outs in 2026, allowing early validation of modulator-based designs on the PH18 platform.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.