TSEM

Business Context and Reporting Period

This Form 6-K filing by Tower Semiconductor Ltd. (TSEM) covers the period of August 2025, specifically dated August 12, 2025. The report details a strategic product launch in collaboration with AIStorm, introducing the "Cheetah HS," a high-speed AI-in-imager chip designed for inspection, robotics, and sports applications.

Key Financial Metrics

The filing text does not provide specific financial data, including revenue, profit, cash flow, margins, debt, or liquidity figures. This document is a current report regarding a product announcement rather than a financial statement.

Material Changes and Product Launch

The primary material event is the introduction of the Cheetah HS chip, described as the world's first up-to-260K FPS AI-in-imager chip. Key technical and market changes include:

• Performance: Capable of capturing up to 260,000 frames per second (fps), which is 2,000 to 4,000 times faster than conventional CMOS sensors.
• Architecture: Utilizes a charge-domain imaging platform with on-chip neural networks, converting photons to charge and computing the first neural-network layer in analog form.
• Cost and Power: Designed to slash system power requirements and bill-of-materials (BOM) costs compared to competing high-speed cameras that rely on expensive data converters.
• Applications: Targeted at robotics, drones, vibration monitoring, high-speed security, manufacturing inspection, and biometric systems.

Guidance, Outlook, and Risks

Management Commentary:

• David Schie, CEO of AIStorm, stated the solution makes ultra-slow-motion analysis affordable for a wide range of markets.
• Dr. Avi Strum, SVP and GM of Sensors and Displays at Tower Semiconductor, expressed confidence that the platform's low-power and low-cost virtues will enable a family of affordable, high-volume products in the near future.

Availability: The Cheetah HS is available immediately in both chip form and as full reference-camera systems. Risks: The filing includes a Safe Harbor statement regarding forward-looking statements. Actual results may vary due to risks and uncertainties detailed in Tower's most recent Forms 20-F, F-3, F-4, and 6-K. The company disclaims any obligation to update the information contained in this release.

Investor Verification Checklist

• Verify the commercial adoption rate and initial customer orders for the Cheetah HS chip.
• Confirm the timeline for the transition from reference systems to high-volume production.
• Review the "Risk Factors" section in the most recent Form 20-F for specific uncertainties affecting the Sensors and Displays business unit.
• Assess the competitive landscape for high-speed imaging to validate the claimed cost and performance advantages.