<SEC-DOCUMENT>0001178913-25-000458.txt : 20250213
<SEC-HEADER>0001178913-25-000458.hdr.sgml : 20250213
<ACCEPTANCE-DATETIME>20250213115945
ACCESSION NUMBER:		0001178913-25-000458
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250213
DATE AS OF CHANGE:		20250213

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TOWER SEMICONDUCTOR LTD
		CENTRAL INDEX KEY:			0000928876
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			L3
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-45635
		FILM NUMBER:		25618466

	BUSINESS ADDRESS:	
		STREET 1:		RAMAT GAVRIEL INDUSTRIAL PARK
		STREET 2:		PO BOX 619
		CITY:			MIGDAL HAEMEK
		STATE:			L3
		ZIP:			23105
		BUSINESS PHONE:		97246506611

	MAIL ADDRESS:	
		STREET 1:		RAMAT GAVRIEL INDUSTRIAL PARK
		STREET 2:		PO BOX 619
		CITY:			MIGDAL HAEMEK
		STATE:			L3
		ZIP:			23105

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Migdal Insurance & Financial Holdings Ltd.
		CENTRAL INDEX KEY:			0001415912
		ORGANIZATION NAME:           	
		IRS NUMBER:				930000948
		STATE OF INCORPORATION:			L3
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G

	BUSINESS ADDRESS:	
		STREET 1:		4, EF'AL STREET
		CITY:			PETACH TIKVA
		STATE:			L3
		ZIP:			49512
		BUSINESS PHONE:		972-3-9168959

	MAIL ADDRESS:	
		STREET 1:		4, EF'AL STREET
		CITY:			PETACH TIKVA
		STATE:			L3
		ZIP:			49512
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
<headerData>
<submissionType>SCHEDULE 13G</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001415912</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>



</filerInfo>
</headerData>
<formData>
<coverPageHeader>
<securitiesClassTitle>Ordinary Shares</securitiesClassTitle>
<eventDateRequiresFilingThisStatement>12/31/2024</eventDateRequiresFilingThisStatement>
<issuerInfo>
<issuerCik>0000928876</issuerCik>
<issuerName>Tower Semiconductor Ltd</issuerName>
<issuerCusip>M87915274</issuerCusip>
<issuerPrincipalExecutiveOfficeAddress>
<com:street1>Ramat Gavriel Industrial Park</com:street1>
<com:street2>P.O.Box 619</com:street2>
<com:city>Migdal Haemek</com:city>
<com:stateOrCountry>L3</com:stateOrCountry>
<com:zipCode>2310502</com:zipCode>
</issuerPrincipalExecutiveOfficeAddress>
</issuerInfo>
<designateRulesPursuantThisScheduleFiled>
<designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
</designateRulesPursuantThisScheduleFiled>
</coverPageHeader>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>Migdal Insurance &amp; Financial Holdings Ltd</reportingPersonName>
<memberGroup>a</memberGroup>
<citizenshipOrOrganization>L3</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>0</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>0</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>0</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>0</classPercent>
<typeOfReportingPerson>HC</typeOfReportingPerson>
<comments>All Reporting Person's holdings are via its direct or indirect subsidiaries.</comments>
</coverPageHeaderReportingPersonDetails>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>Migdal Insurance Company Ltd.</reportingPersonName>
<memberGroup>a</memberGroup>
<citizenshipOrOrganization>L3</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>0</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>0</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>0</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>0</classPercent>
<typeOfReportingPerson>IC</typeOfReportingPerson>
</coverPageHeaderReportingPersonDetails>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>Migdal Sal Domestic Equities</reportingPersonName>
<memberGroup>b</memberGroup>
<citizenshipOrOrganization>L3</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>7099920</soleVotingPower>
<sharedVotingPower>0</sharedVotingPower>
<soleDispositivePower>7099920</soleDispositivePower>
<sharedDispositivePower>0</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>7099920</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>6.4</classPercent>
<typeOfReportingPerson>PN</typeOfReportingPerson>
<comments>The shares are held for members of the public through, among others, provident funds, pension funds and insurance policies, which are managed by Reporting Person. This Schedule 13G shall not be construed as an admission by the Reporting Person that it is the beneficial owner thereof.</comments>
</coverPageHeaderReportingPersonDetails>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>Migdal Mutual Funds Ltd.</reportingPersonName>
<memberGroup>a</memberGroup>
<citizenshipOrOrganization>L3</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>1281711</soleVotingPower>
<sharedVotingPower>0</sharedVotingPower>
<soleDispositivePower>1281711</soleDispositivePower>
<sharedDispositivePower>0</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>1281711</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>1.1</classPercent>
<typeOfReportingPerson>CO</typeOfReportingPerson>
<comments>The shares are held for members of the public through mutual funds which are managed by Reporting Person. This Schedule 13G shall not be construed as an admission by the Reporting Person that it is the beneficial owner thereof.</comments>
</coverPageHeaderReportingPersonDetails>
<items>
<item1>
<issuerName>Tower Semiconductor Ltd</issuerName>
<issuerPrincipalExecutiveOfficeAddress>Ramat Gavriel Industrial Park, P.O.Box 619, Migdal Haemek, Israel, 2310502</issuerPrincipalExecutiveOfficeAddress>
</item1>
<item2>
<filingPersonName>Migdal Insurance &amp; Financial Holdings Ltd.</filingPersonName>
<principalBusinessOfficeOrResidenceAddress>4 Efal Street; P.O. Box 3063; Petach Tikva 49512, Israel.</principalBusinessOfficeOrResidenceAddress>
<citizenship>Israeli public company</citizenship>
</item2>
<item3>
<notApplicableFlag>Y</notApplicableFlag>
</item3>
<item4>
<amountBeneficiallyOwned>8,381,631</amountBeneficiallyOwned>
<classPercent>7.51</classPercent>
<numberOfSharesPersonHas>
<solePowerOrDirectToVote>8,381,631</solePowerOrDirectToVote>
<sharedPowerOrDirectToVote>0</sharedPowerOrDirectToVote>
<solePowerOrDirectToDispose>8,381,631</solePowerOrDirectToDispose>
<sharedPowerOrDirectToDispose>0</sharedPowerOrDirectToDispose>
</numberOfSharesPersonHas>
</item4>
<item5>
<notApplicableFlag>Y</notApplicableFlag>
</item5>
<item6>
<notApplicableFlag>Y</notApplicableFlag>
</item6>
<item7>
<notApplicableFlag>N</notApplicableFlag>
<subsidiaryIdentificationAndClassification>The following wholly owned, direct and indirect subsidiaries of the filing person are the reporting persons:&#13;
1.	Migdal Insurance Company ltd. is an Israeli insurance company. &#13;
2.	Migdal Sal Domestic Equities is registered partnership owned by Migdal Insurance Company ltd. and its wholly owned subsidiary; and acting as an investment SPE used for the beneficiaries of pension and provident funds and life insurance policies managed by Migdal Insurance Company ltd. and its wholly owned subsidiary. &#13;
3.	Migdal Mutual Funds ltd. manages mutual funds.</subsidiaryIdentificationAndClassification>
</item7>
<item8>
<notApplicableFlag>Y</notApplicableFlag>
</item8>
<item9>
<notApplicableFlag>Y</notApplicableFlag>
</item9>
<item10>
<notApplicableFlag>N</notApplicableFlag>
<certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
</item10>
</items>
<signatureInformation>
<reportingPersonName>Migdal Insurance &amp; Financial Holdings Ltd</reportingPersonName>
<signatureDetails>
<signature>/s/ Erez Migdali</signature>
<title>Erez Migdali / CIO</title>
<date>02/13/2025</date>
</signatureDetails>
<signatureDetails>
<signature>/s/ David Saban</signature>
<title>David Saban / CFO</title>
<date>02/13/2025</date>
</signatureDetails>
</signatureInformation>
<signatureInformation>
<reportingPersonName>Migdal Insurance Company Ltd.</reportingPersonName>
<signatureDetails>
<signature>/s/ Erez Migdali</signature>
<title>Erez Migdali / CIO</title>
<date>02/13/2025</date>
</signatureDetails>
<signatureDetails>
<signature>/s/ David Saban</signature>
<title>David Saban / CFO</title>
<date>02/13/2025</date>
</signatureDetails>
</signatureInformation>
<signatureInformation>
<reportingPersonName>Migdal Sal Domestic Equities</reportingPersonName>
<signatureDetails>
<signature>/s/ Erez Migdali</signature>
<title>Erez Migdali / CIO</title>
<date>02/13/2025</date>
</signatureDetails>
<signatureDetails>
<signature>/s/ David Saban</signature>
<title>David Saban / CFO</title>
<date>02/13/2025</date>
</signatureDetails>
</signatureInformation>
<signatureInformation>
<reportingPersonName>Migdal Mutual Funds Ltd.</reportingPersonName>
<signatureDetails>
<signature>/s/ Sigal Fishbain</signature>
<title>Sigal Fishbain / COO</title>
<date>02/13/2025</date>
</signatureDetails>
</signatureInformation>
</formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
