About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

Contact Cabling Installation & Maintenance

Editorial

Patrick McLaughlin

Serena Aburahma

Advertising and Sponsorship Sales

Peter Fretty - Vice President, Market Leader

Tim Carli - Business Development Manager

Brayden Hudspeth - Sales Development Representative

Subscriptions and Memberships

Subscribe to our newsletters and manage your subscriptions

Feedback/Problems

Send a message to our general in-box

 

Left for dead, Tower Semiconductor is a phoenix rising

Tower Semiconductor stock on an iPhone image

Tower Semiconductor Ltd. (NASDAQ: TSEM) is a well-positioned player in the global semiconductor market. Its analog-focused semiconductor manufacturing technology is in demand by industries across verticals, and it is a pure play on foundries at a time when the industry is trying to ramp up production capabilities. Those factors were part and parcel of Intel's decision to buy the company, a deal that is now dead, setting up today's opportunity. 

While Intel Corporation (NASDAQ: INTC) could not finalize the deal to acquire Tower Semiconductor, the benefits for both companies remain. The two inked a new deal soon after terminating the purchase agreement that aids Intel's push to expand its foundry business and Tower's outlook for growth. For one, it's guaranteed business for a budding foundry segment; for the other, it opens the door to expanded capacity, ramping production, new clients and margin leverage, and the analysts are noticing. 

Analysts warm to Tower Semiconductor’s growth outlook

The analysts' coverage of Tower Semiconductor evaporated over the last year due to the expectation for acquisition. However, Marketbeat.com has picked up two new coverages since Tower Semiconductor announced the new partnership with Intel, and they are bullish on the stock. 

Analysts at Craig Hallum and Benchmark rate the stock a "buy" and see it advancing to the $36.50 level at the mid-point of their range. That's a gain of nearly 40%, putting the market on track to regain price levels set in 2021 before Intel's original takeover bid. 

To paraphrase Benchmark analyst Cody Acree, Tower Semiconductors is a unique, undervalued, high-growth, high-cash flow and a lesser-known name that exposes the hottest trends in tech, including IoT, AI and computer vision. This Phoenix is rising from the dead and on track to deliver double-digit gains in the near term and triple over the long. 

Tower Semiconductor rises on mixed results, enhanced outlook 

Tower Semiconductor had a solid third quarter supported by steadying demand in core markets. The company reported $358 million in net revenue, a decline of 16% compared to last year but flat sequentially. The revenue missed the Marketbeat.com consensus estimate but by a slim enough margin that it doesn't matter given the improving outlook and margin strength. 

Margin news is affected by the merger termination but in a good way that investors should like. The company's GAAP earnings came in at $3.07, including a $290 million net impact from termination fees. It's nearly a dollar ahead of the consensus figures, and the adjusted results are also strong — the adjusted 54 cents beat by a nickel.

Guidance for the fourth quarter was weak but ultimately favorable to shareholders. The company forecasts revenue in a range that allows for a sequential decline but brackets the analysts' estimates nicely. Revenue and earnings should be steady and stable over the next year: growth should resume in late 2024 or early 2025 when expanded manufacturing capacity comes online. 

The technical outlook: Tower Semiconductor hits bottom, reversal imminent

The price action in Tower Semiconductors began to fall when the deal with Intel came into jeopardy and imploded when it was terminated. Now, the stock is trading at a significant discount to the pre-deal price and showing signs of a strong reversal. 

The market hit bottom in early October, began to rebound, and confirmed support and the bottom following the Q3 release. The market is poised to move higher with both MACD and stochastic in support. Assuming the market follows through on the signals shown, this stock could rise to $32 by the end of the year and extend the rally in the first half of 2024. 

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.