Pre-market trend | Tower Semiconductor (TSEM) stands out in the semiconductor wave on 5/13, what is its momentum?

Yesterday, Tower Semiconductor triggered a golden cross signal above the zero axis of the daily MACD, with a single-day trading volume reaching USD 1.57 billion, standing out in the semiconductor sector. The confirmation of bullish signals indicates that buying power is systematically gathering, and the short-term trend is shifting from a consolidation phase to a possible acceleration phase. As a specialized semiconductor manufacturer focused on analog and mixed-signal chip foundry, Tower Semiconductor's clients cover multiple high-growth areas such as automotive electronics, industrial control, and communications. Against the backdrop of the current explosion in AI and data center demand, the scarcity of its foundry capacity is being revalued by the market. On the news front, the entire semiconductor industry chain welcomed multiple positive resonances yesterday. Bank of America significantly raised its forecast for the AI data center market size to USD 1.7 trillion, believing that AI spending will be "stronger and more enduring," benefiting the entire semiconductor sector. Micron Technology had its target price raised to USD 950 by Bank of America and surged 4.83%, while the Direxion Semicon Bull 3X ETF (SOXL) skyrocketed 6.79%, and the Philadelphia Semiconductor Index (SOXX) rose 2.38%, highlighting the sector's interconnected effects. As a differentiated foundry leader, Tower Semiconductor possesses a unique competitive advantage during the cyclical recovery of high-end analog chip demand, and its high trading volume reflects institutional investors' positive recognition of this logic. From a technical perspective, a golden cross above the zero axis of the MACD is typically regarded as an important signal of strengthening mid-term trends, especially when accompanied by substantial trading volume, which often enhances the reliability of the signal