Presenting a joint white paper with pSemi nominated for Best Industry Paper Award highlighting next-generation RF switch technology

MIGDAL HAEMEK, Israel, June 3, 2025 – Tower Semiconductor (NASDAQ/TASE: TSEM), a leading foundry of high-value analog semiconductor solutions, today announced its participation in the upcoming International Microwave Symposium (IMS) 2025, taking place June 16-21 in San Francisco, California, highlighting its advanced RF & HPA technology platform and latest advancements in RF switch technology. As part of the event’s technical program, Tower will present a jointly developed white paper with pSemi, titled “A Low-Loss, Wideband, 0-110 GHz SPDT Using PCM RF Switches with Integrated CMOS Drivers” nominated for the Best Industry Paper Award at IMS2025.

This paper highlights a record-breaking wideband single-pole, double-throw (SPDT) switch utilizing Tower Semiconductor’s monolithically integrated PCM RF switches in an RFSOI CMOS process. The key features include ultra-wideband performance (true DC to 110 GHz with less than 2 dB of insertion loss), digital control using integrated CMOS drivers with MIPI RFFE interface (available in the PDK), 30 dBm measured power handling, and 15-20 dB better linearity performance than RFSOI CMOS SPDTs currently available. This combination of ultra low-loss wideband performance, power handling, and full CMOS/digital integration simplifies implementation for end users and enables advanced circuits for 5G, future 6G, SatCom, beamforming, and millimeter-wave applications.

Presentation schedule:

A Low-Loss, Wideband, 0-110 GHz SPDT Using PCM RF Switches with Integrated CMOS Drivers

By Dr. Nabil El-Hinnawy, Principal R&D Engineer, Tower Semiconductor

As part of the Th1B session: Innovative RF Switches, Varactor and Modulator Technologies (full program details available here).

Date & Time: June 19, 2025 at 8:20AM

Location: 205

To meet with Tower’s engineering team during the conference, visit the Company’s booth #655.

For additional details on IMS 2025, please visit the event webpage here.

For additional information about the Company’s RF platform offering, visit here.

About Tower Semiconductor         

Tower Semiconductor Ltd. (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, provides technology, development, and process platforms for its customers in growing markets such as consumer, industrial, automotive, mobile, infrastructure, medical and aerospace and defense. Tower Semiconductor focuses on creating a positive and sustainable impact on the world through long-term partnerships and its advanced and innovative analog technology offering, comprised of a broad range of customizable process platforms such as SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensor, non-imaging sensors, displays, integrated power management (BCD and 700V), photonics, and MEMS. Tower Semiconductor also provides world-class design enablement for a quick and accurate design cycle as well as process transfer services including development, transfer, and optimization, to IDMs and fabless companies. To provide multi-fab sourcing and extended capacity for its customers, Tower Semiconductor owns one operating facility in Israel (200mm), two in the U.S. (200mm), two in Japan (200mm and 300mm) which it owns through its 51% holdings in TPSCo, shares a 300mm facility in Agrate, Italy with STMicroelectronics as well as has access to a 300mm capacity corridor in Intel’s New Mexico factory. For more information, please visit: www.towersemi.com.

Safe Harbor Regarding Forward-Looking Statements

This press release includes forward-looking statements, which are subject to risks and uncertainties. Actual results may vary from those projected or implied by such forward-looking statements. A complete discussion of risks and uncertainties that may affect the accuracy of forward-looking statements included in this press release or which may otherwise affect Tower’s business is included under the heading “Risk Factors” in Tower’s most recent filings on Forms 20-F, F-3, F-4 and 6-K, as were filed with the Securities and Exchange Commission (the “SEC”) and the Israel Securities Authority. Tower does not intend to update, and expressly disclaim any obligation to update, the information contained in this release. 

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Tower Semiconductor Company Contact: Orit Shahar | +972-74-7377440 | [email protected]

Investor Relations Contact: Liat Avraham | +972-4-6506154 | [email protected]

Attachment

• Tower IMS 2025 Final

North American Derivatives Exchange Inc., which does business as Crypto.com, is suing Nevada’s gaming commission asserting its attempts to regulate the company’s offerings are preempted by federal law.

The Nevada Gaming Control Board allegedly threatened enforcement actions against the company unless it stopped offering specific event-based contracts for sporting events. NADE claims in a complaint filed Tuesday in the US District Court for the District of Nevada that the board’s threatened actions unlawfully conflict with the US Commodity Futures Trading Commission’s exclusive jurisdiction over the market.

NADE offers “event contracts,” whose returns depend on the outcome of specific events, …

Salt Lake City, Utah, June 03, 2025 (GLOBE NEWSWIRE) — TruGolf Holdings, Inc. (NASDAQ:TRUG), a leading golf technology company, announced today that Brenner Adams, TruGolf’s Chief Growth Officer will present at the “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow,” presented by Maxim Group LLC, tomorrow, June 4^th at 3:00 PM EDT.

The Conference will be live on M-Vest. To attend, follow this link to register for this virtual event. https://m-vest.com/events/tmt-06032025

About TruGolf Holdings

TruGolf is a golf technology company, committed to making golf, easy. From innovative uses for AI to build content and enhance its image and spatial analysis, to gamified golf improvement plans, TruGolf is an industry leader in the growing technological revolution in the sport of golf. Since its founding, TruGolf has redefined what is possible in golf through technology. TruGolf’s suite of Hardware, Software, and Web Products make it easier to Play, Improve, and Enjoy the game of golf.

Forward-Looking Statements

Some of the statements in this release are forward-looking statements, which involve risks and uncertainties. Forward-looking statements include, without limitation, whether the Company’s compliance plan will be accepted by Nasdaq and the Company’s expected future cash needs.  Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ”believes,” ”estimates,” ”anticipates,” ”expects,” ”plans,” ”projects,” ”intends,” ”potential,” ”may,” ”could,” ”might,” ”will,” ”should,” ”approximately” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC, which are available on the SEC’s website, www.sec.gov.

For more information about our products and upcoming innovations, please visit TruGolf.com.

Media Contacts:

TruGolf: Michael Bacal: Phone: 917-886-9071; [email protected] Web: TruGolf.com LinkedIn: @TruGolf

(WASHINGTON) — President Donald Trump’s nominee to oversee the U.S. Forest Service has a history of clashing with the very agency that he soon could be leading.

On Tuesday afternoon, the Senate Committee on Agriculture, Nutrition, and Forestry began the confirmation hearing for Michael Boren, an investment consultant, Idaho ranch owner and founder of a billion-dollar tech company. A bipartisan committee will assess Boren’s qualifications and vote on his nomination.

Boren, 62, has had disagreements with the U.S. Forest Service in recent years. One recent conflict involves building a cabin and clearing land within the Sawtooth National Forest near Stanley, Idaho, E&E News reported, citing agency correspondence and individuals familiar with the situation.

He co-founded Boise-based tech company Clearwater Analytics and owns a 480-acre ranch, some of it within the Sawtooth National Recreation Area, according to the Idaho Mountain Express. The work on the property began before Boren was nominated, but the matter has not yet been resolved, according to the publication.

The dispute over the cabin is with Galena Mines, an LLC associated with Boren. He was a listed as manager until February of this year, before he was removed.

Other disputes include diverting a stream, disputes over how Boren manages land within and around the national forest and disagreements about the precise locations of mining claims made by Boren’s corporation, according to E&E News.

A small airstrip on Boren’s ranch also stirred uproar among neighbors who claim he was using it to land small planes before he was granted a conditional-use permit from the Forest Service, according to the report.

Attorney Thomas Balducci, who represented Boren for the 2023 lawsuit regarding the airstrip, declined to provide a comment to ABC News.

Boren’s brother, David Boren, has also clashed with the Forest Service over a trail the agency built near his ranch.

If confirmed as the undersecretary of Natural Resources and Environment, Boren would be responsible for day-to-day operations at the U.S. Forest Service, which manages more than 200 million acres of public land. Boren would report to U.S. Secretary of Agriculture Brooke Rollins.

The Senate Agriculture Committee reviews presidential appointments to the Department of Agriculture’s cabinet positions. After Tuesday’s hearing, a full Senate confirmation will be required to complete Boren’s appointment.

Current members of the committee include John Boozman (R-AR), Mitch McConnell (R-KY) and Amy Klobuchar (D-MN).

Boren was a donor to Trump’s 2024 presidential campaign.

On Jan. 16, Trump announced Boren’s nomination on his social media platform Truth Social, describing him as “a successful businessman, who has founded six companies.”

“Michael will work to reinvigorate Forest Management at a time when it is desperately needed,” Trump wrote.

The nomination comes at a time of turmoil within the agency. On April 3, Rollins issued an ordered to remove environmental protections from about 112 million acres of national forests, and thousands of Forest Service employees have been fired in recent months.

The Forest Service did not immediately respond to ABC News’ request for comment. In a statement to the New York Times, the Forest Service wrote that Boren would “implement President Trump’s America First agenda and ensure our forest system is properly managed, productive, and resilient. We look forward to his swift confirmation by the Senate.”

ABC News could not immediately reach a representative for Boren for comment.

Copyright © 2025, ABC Audio. All rights reserved.

By: Bryan Tropeano

Apple has officially scheduled WWDC 2025 for June 9–13. Whether you’re a developer, tech fan, or someone who loves upgrading their phone, this event promises to deliver exciting updates—especially when it comes to new iPhone features.

iOS 19 and the Biggest New iPhone Features Coming Your Way

The spotlight will be on iOS 19, Apple’s next major software update. Rumors suggest a focus on customization, smarter AI, and enhanced privacy controls. These new iPhone features might include interactive widgets, lock screen improvements, and better multitasking options, making your phone feel fresh and more intuitive.

How These Updates Could Change Messaging and AI

One hot topic is the possibility of Apple adopting RCS (Rich Communication Services) to enhance iMessage—an upgrade that would transform texting. Alongside that, AI-powered improvements to Siri and other system functions are expected to be some of the most talked-about new iPhone features this year.

Could WWDC 2025 Introduce Hardware to Showcase New iPhone Features?

While WWDC is mostly about software, Apple might drop hints or teasers about upcoming devices. New iPhone models or accessories could be revealed to showcase these new iPhone features in action, highlighting how the hardware and software work seamlessly together.

How These Updates Will Impact Your Everyday iPhone Use

Even if you’re not a tech geek, the updates revealed at WWDC 2025 will impact your daily phone use. From battery optimizations to smarter app suggestions, these new iPhone features aim to make your device faster, smarter, and more efficient.

Get Ready for the Future

Mark June 9 on your calendar—WWDC 2025 is where Apple will set the tone for the iPhone’s future. Whatever new iPhone features arrive, expect plenty of buzz and debate as users everywhere explore what’s next.

Before you go, don’t forget to check out these other tech stories to stay ahead of the curve and keep your gadgets game strong!

About the Author: Bryan Tropeano is a senior producer and a regular reporter for NewsWatch. He lives in Washington D.C. and loves all things Tech.

Business Today – Builder.ai, once touted as a revolutionary AI startup backed by Microsoft, has collapsed into insolvency after revelations that its flagship no-code development platform was powered not by artificial intelligence—but by 700 human engineers in India.

The company marketed its platform as being driven by an AI assistant named “Natasha,” which could supposedly assemble software applications like Lego bricks. But recent reports and commentary have revealed that behind the scenes, customer requests were manually fulfilled by developers, not machines.

Commenting on the unraveling, Ebern Finance founder Bernhard Engelbrecht described it in a widely circulated post on X: “Customer requests were sent to the Indian office, where 700 Indians wrote code instead of AI,” adding that the end products were often buggy, dysfunctional, and difficult to maintain. “Everything was like real artificial intelligence — except that none of it was.”

India has gotta get their shit together. They’ve been willingly letting themselves get beyond fleeced by the rest of the world (especially America) for decades. Probably centuries. I know there was a time where India had the most robust economy in the world, but somewhere along the line they just bent over and started taking it from the rest of us. I’m sure there’s a million examples of this, but my fiancee works for one of the major insurance companies. It’s an IT-adjacent job. She makes as much money as I do. Nothing crazy, but a solid salary for a 30+ year old American. But about half of the people she works with on a daily basis, people she relies on heavily to complete her job, are working from India. According to her, they’re pretty much as valuable as she is to the company (or maybe slightly less). They put as much time and effort into the job as she does. And I swear to God these guys are making something like $8,500 a year. Just preposterously low wages. I know the USD goes further in India. And I know there are WAY more people over there, so it’s a simple case of supply and demand. But God damn it India. Have some pride. Like, you can’t even get $20k a year for your people working full time jobs for hundred billion dollar corporations? These are people with valuable IT & programming skills who could legitimately make 10x that in the United States. When you look into what some people living in India who work for US companies are actually earning (not to mention the lengths they’ll go to commute-wise to even get to their office), it doesn’t even seem real. 

And the fact that there’s enough money in AI that it’s able to sustain a business comprised of 700 Indian dudes sitting in a call center for 8 years… It’s wild, it’s hilarious, it’s kinda sad, it’s so many things. BuilderAI managed to raise $445M from investors to back their company. Imagine being Sachin Dev Duggal, the found of BuilderAI who sat down to do that math and decided he could pull it off. He saw how valuable AI was. He saw how much money an AI program capable of accomplishing certain tasks was able to rake in. Then he thought to himself, “You know what? For that amount of money, I could afford 700 Indian programmers. I bet they could keep up with that workload.”

picture alliance. Getty Images.

What a legend. What a business model. Builder.AI in particular was marketed to businesses who wanted to build a software or an app without having to code it themselves. Builder.AI would do it for them. People sent their ideas to Builder.AI, and BuilderAI’s “innovative AI software” would spit them out an app. But as long as a warehouse full of Indian dudes were able to effectively get the job done, then who the hell cares how the sausage was made? 

Unfortunately the sausage tasted like shit. To the point that BuilderAI wasn’t able to keep up with costs, and had $37M seized by Viola Credit after defaulting on a $50M loan. 

Commenting on the unraveling, Ebern Finance founder Bernhard Engelbrecht described it in a widely circulated post on X: “Customer requests were sent to the Indian office, where 700 Indians wrote code instead of AI,” adding that the end products were often buggy, dysfunctional, and difficult to maintain. “Everything was like real artificial intelligence — except that none of it was.”

The downfall began when Viola Credit, a lender that extended $50 million to Builder.ai in 2023, seized $37 million after the company defaulted. That move paralyzed the startup’s ability to operate or pay employees. Additional funds held in India remain frozen due to regulatory restrictions, Bloomberg reported.

Once you can no longer pay your employees it’s game over. On top of that, they were misreporting sales. They were using pre-made templates to “create” their apps. Obviously this whole thing was probably never sustainable (unless they were able to raise enough money on the backs of 700 Indian dudes and use it to build a real AI program). Clearly whoever was investing in Builder.AI were in a large part investing in what it could be in the future, as opposed to what it actually was. But maybe there’s a world where if Builder.AI had played their cards right, they could have pulled off. Had they pulled it off, it would have been an incredible John Henry vs The Machine-esque story of mankind triumphing over technology (if John Henry was 700 dudes inside of a trench coach and working for slave wages). 

But in some ways, this is still kind of a win for mankind. There are still things AI isn’t capable of doing. And if someone is able to pull the wool over the eyes of a company like Microsoft because they’re so overeager to eliminate the human workforce entirely in favor of computers, then good for them.

But in other, more real ways, if companies are that overeager to shell out millions and millions of dollars for AI software as opposed to employing hundreds of people… that’s kinda scary. Apparently nobody even bothered to audit Builder.AI, or look into their software, or visit their offices. They just blindly jumped at the opportunity to throw money at the first company who claimed they were capable of building apps without the hassle of hiring human beings.

Maybe, if were lucky, this will be the first domino to fall in the biggest tech-scandal of our lifetimes. Where we all believed AI was taking over the world, but come to learn the likes of OpenAI, Google Gemini, Grok, etc., were just a bunch of Indians in a warehouse the whole time. Wouldn’t that be something. We all thought modern technological advancements were making it so certain tasks could be accomplished in an instant for pennies on the dollar, but in reality, it was the country of India wiling to work for $1.50/hour. We can only hope. 

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