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benzinga Corporate Catalyst Impact 55/100 ● positive

Tower Semiconductor And OpenLight Announce Availability Of OpenLight’s Photonic Process Design Kit For Tower's PH18DAindium Phosphide Photonics In Cadence’s Electronic Design Automation Tools

Aug 11, 2026, 10:06 AM UTC · Primary ticker $TSEM

Tower Semiconductor and OpenLight have announced the availability of OpenLight's Photonic Process Design Kit (PDK) for Tower's PH18DA indium phosphide photonics platform within Cadence's Electronic Design Automation (EDA) tools. This collaboration aims to streamline the design and production of advanced photonic integrated circuits (PICs), making it easier for customers to develop optical systems for applications like AI infrastructure.

This 8-K filing announces a technical collaboration between Tower Semiconductor and OpenLight, making OpenLight's Photonic Process Design Kit (PDK) available for Tower's PH18DA platform within Cadence's EDA tools. This development is significant because it simplifies the design and manufacturing process for advanced photonic integrated circuits (PICs), integrating photonics design into established electronic IC workflows. For Tower Semiconductor, this enhances the attractiveness and accessibility of its PH18DA platform, potentially leading to increased customer adoption and revenue in the long term. Cadence benefits from the expanded use of its EDA tools in the growing photonics market. While not a major short-term catalyst, this move positions Tower and its partners to capitalize on the increasing demand for advanced optical systems, particularly in areas like AI infrastructure.

$TSEM positive Enhanced platform offering, potential for increased customer adoption
$CDNS positive Integration of tools, expanded market for EDA solutions
Source: benzinga
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