TOWER
SEMICONDUCTOR LTD.
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                      P.O. BOX 619, MIGDAL HAEMEK, 21305 ISRAEL (972-6) 650-6611
                                                            FAX (972-6) 654-7788

                                  March 13,2006

VIA EDGAR
Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C.  20549-1627
Attention:  Peggy A. Fisher

     Re:  Tower Semiconductor Ltd.
          Registration Form on F-3
          File No.: 333-131315

Dear Ms. Fisher:

     Tower Semiconductor Ltd. hereby requests acceleration of the effective time
of the above-referenced registration statement to Wednesday, March 15, 2006 at
11:00 a.m. or as soon thereafter as is possible.

     On behalf of the company I hereby acknowledge that:

     (1)  should the Commission or the staff, acting pursuant to delegated
          authority, declare the filing effective, it does not foreclose the
          Commission from taking any action with respect to the filing;

     (2)  the action of the Commission or the staff, acting pursuant to
          delegated authority, in declaring the filing effective, does not
          relieve the company from its full responsibility for the adequacy and
          accuracy of the disclosure in the filing; and

     (3)  the company may not assert staff comments and the declaration of
          effectiveness as a defense in any proceeding initiated by the
          Commission or any person under the federal securities laws of the
          United States.

                                                Respectfully submitted,

                                                TOWER SEMICONDUCTOR LTD.


                                                By: /S/ Oren Shirazi
                                                --------------------
                                                Oren Shirazi
                                                Chief Financial Officer