<?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/A</submissionType>
<previousAccessionNumber>0001178913-24-003943</previousAccessionNumber>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001351917</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>


</filerInfo>
</headerData>
<formData>
<coverPageHeader>
<amendmentNo>3</amendmentNo>
<securitiesClassTitle>Ordinary Shares, par value NIS 15.00 per share</securitiesClassTitle>
<eventDateRequiresFilingThisStatement>12/31/2025</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>Menora Mivtachim Holdings Ltd</reportingPersonName>
<memberGroup>b</memberGroup>
<citizenshipOrOrganization>L3</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>6898163</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>6898163</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>6898163</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>6.17</classPercent>
<typeOfReportingPerson>CO</typeOfReportingPerson>
<comments>With regard to rows (6), (8), (9) and (11), the beneficial ownership of the securities reported herein is described in Item 4(a).&#13;
Row (11) is Based on 111,845,587 Ordinary Shares outstanding as of May 31, 2025 (as reported by the Issuer in Exhibit 99.1 to its Report on Form 6-K filed with the Securities and Exchange Commission on June 12, 2025).</comments>
</coverPageHeaderReportingPersonDetails>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>Menora Mivtachim Pensions &amp; Gemel Ltd.</reportingPersonName>
<memberGroup>b</memberGroup>
<citizenshipOrOrganization>L3</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>6046352</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>6046352</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>6046352</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>5.41</classPercent>
<typeOfReportingPerson>CO</typeOfReportingPerson>
<comments>With regard to rows (6), (8), (9) and (11), the beneficial ownership of the securities reported herein is described in Item 4(a).&#13;
Row (11) is Based on 111,845,587 Ordinary Shares outstanding as of May 31, 2025 (as reported by the Issuer in Exhibit 99.1 to its Report on Form 6-K filed with the Securities and Exchange Commission on June 12, 2025).</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>Menora Mivtachim Holdings Ltd.&#13;
Menora Mivtachim Pensions and Gemel Ltd.</filingPersonName>
<principalBusinessOfficeOrResidenceAddress>Menora Mivtachim Holdings Ltd. - Menora House, 23 Jabotinsky St., Ramat Gan 5251102, Israel&#13;
Menora Mivtachim Pensions and Gemel Ltd. - 23 Jabotinsky St., Ramat Gan 5251102, Israel</principalBusinessOfficeOrResidenceAddress>
<citizenship>Menora Mivtachim Holdings Ltd. - Israel&#13;
Menora Mivtachim Pensions and Gemel Ltd. - Israel</citizenship>
</item2>
<item3>
<notApplicableFlag>Y</notApplicableFlag>
</item3>
<item4>
<amountBeneficiallyOwned>See row 9 of cover page of each reporting person.  &#13;
&#13;
As of December 31, 2025, the securities reported herein were held as follows: &#13;
&#13;
6,046,352 ordinary shares (representing 5.41% of the total ordinary shares outstanding) beneficially owned by Menora Mivtachim Pensions and Gemel Ltd.;&#13;
797,343 ordinary shares (representing 0.71% of the total ordinary shares outstanding) beneficially owned by Menora Mivtachim Insurance Ltd.;&#13;
42,808 ordinary shares (representing 0.04% of the total ordinary shares outstanding) beneficially owned by Menora Mivtachim Vehistadrut Hamehandesim Nihul Kupot Gemel Ltd.; and&#13;
11,660 ordinary shares (representing 0.01% of the total ordinary shares outstanding) beneficially owned by Shomera Insurance Company Ltd.&#13;
&#13;
The securities reported herein are beneficially owned by Menora Mivtachim Holdings Ltd. ("Menora Holdings") and by entities that are direct or indirect, wholly-owned or majority-owned, subsidiaries of Menora Holdings (the "Subsidiaries"), such as Menora Mivtachim Insurance Ltd., Shomera Insurance Company Ltd., Menora Mivtachim Pensions and Gemel Ltd., Menora Mivtachim Vehistadrut Hamehandesim Nihul Kupot Gemel Ltd., and Menora Mivtachim Investment Portfolio Management Ltd.  The economic interest or beneficial ownership in a portion of the securities covered by this report (including the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities) is held for the benefit of insurance policy holders, the owners of portfolio accounts, or the members of the provident funds or pension funds, as the case may be.  This statement on Schedule 13G shall not be construed as an admission by Menora Holdings or by any of the Subsidiaries that it is the beneficial owner of any of such securities covered by this statement on Schedule 13G, and each of Menora Holdings and the Subsidiaries disclaims beneficial ownership of any such securities except to the extent of its pecuniary interest therein.</amountBeneficiallyOwned>
<classPercent>See row 11 of cover page of each reporting person</classPercent>
<numberOfSharesPersonHas>
<solePowerOrDirectToVote>See row 5 of cover page of each reporting person</solePowerOrDirectToVote>
<sharedPowerOrDirectToVote>See row 6 of cover page of each reporting person and note in Item 4(a) above</sharedPowerOrDirectToVote>
<solePowerOrDirectToDispose>See row 7 of cover page of each reporting person</solePowerOrDirectToDispose>
<sharedPowerOrDirectToDispose>See row 8 of cover page of each reporting person and note in Item 4(a) above</sharedPowerOrDirectToDispose>
</numberOfSharesPersonHas>
</item4>
<item5>
<notApplicableFlag>Y</notApplicableFlag>
</item5>
<item6>
<notApplicableFlag>Y</notApplicableFlag>
</item6>
<item7>
<notApplicableFlag>Y</notApplicableFlag>
</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>
<exhibitInfo>Exhibit 1 - Joint Filing Agreement by and among the Reporting Persons, dated as of February 13, 2025 (incorporated herein by reference to Exhibit 1 to the Schedule 13G filed on February 13, 2025).</exhibitInfo>
<signatureInformation>
<reportingPersonName>Menora Mivtachim Holdings Ltd</reportingPersonName>
<signatureDetails>
<signature>/s/ Omri Gal</signature>
<title>VP Finance and Accounting</title>
<date>02/01/2026</date>
</signatureDetails>
<signatureDetails>
<signature>/s/ Lior Yochpaz</signature>
<title>Authorized Signatory</title>
<date>02/10/2026</date>
</signatureDetails>
</signatureInformation>
<signatureInformation>
<reportingPersonName>Menora Mivtachim Pensions &amp; Gemel Ltd.</reportingPersonName>
<signatureDetails>
<signature>/s/ Omri Gal</signature>
<title>VP Finance and Accounting</title>
<date>02/01/2026</date>
</signatureDetails>
<signatureDetails>
<signature>/s/ Lior Yochpaz</signature>
<title>Authorized Signatory</title>
<date>02/10/2026</date>
</signatureDetails>
</signatureInformation>
</formData>
</edgarSubmission>
