8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 16, 2007

JAZZ TECHNOLOGIES, INC.

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of incorporation)

001-32832	20-3320580
(Commission File Number)	(IRS Employer Identification No.)

 4321 Jamboree Road

 Newport Beach, California 92660

 (Address of principal executive offices, including Zip Code)

 Registrant's telephone number, including area code: (949) 435-8000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 2.02.  RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On July 16, 2007, Jazz Technologies, Inc. announced preliminary financial results for the second quarter of 2007. A copy of the press release announcing the preliminary financial results is furnished herewith as Exhibit 99.1.

ITEM 7.01.  REGULATION FD DISCLOSURE.

On July 18, 2007, Jazz Technologies, Inc. announced that its previously disclosed $50 million stock and warrant repurchase program has been extended through October 15, 2007. The repurchase program was originally scheduled to terminate on July 15, 2007. A copy of the press release announcing the extension of the stock and warrant repurchase program is furnished herewith as Exhibit 99.1.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

Exhibit No.	Description
99.1	Press release dated July 16, 2007.
99.2	Press release dated July 18, 2007.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, Jazz Technologies, Inc. Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Jazz Technologies, Inc.
Date: July 19, 2007	By:	/s/ Allen R. Grogan
		Allen R. Grogan Chief Legal Officer and Secretary

EXHIBIT INDEX

Exhibit No.	Description
99.1	Press release dated July 16, 2007.
99.2	Press release dated July 18, 2007.

EX-99.1

Exhibit 99.1

Jazz Technologies, Inc. Provides Preliminary Second Quarter Results, Exceeding Initial Guidance

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Jazz Technologies (Amex:JAZ) today announced preliminary financial results for the second quarter ended June 29, 2007. The company now expects its second quarter revenues to be in the range of $52 to $52.5 million as compared to its initial guidance of $48 to $50 million provided on May 14, 2007.

“Our second quarter results were positively impacted by increased demand from our customers,” said Gil Ameilo, chairman and chief executive officer of Jazz Technologies. “We are seeing signs that the specialty semiconductor sector and Jazz, specifically, are emerging from the inventory correction. We expect for this momentum to continue in the second half of the year and beyond, translating into gradual sequential growth.”

Said Paul Pittman, chief financial and administrative officer of Jazz Technologies, “During the second quarter we also continued making progress with our cost reduction program, which, in combination with the improved topline performance, is expected to boost the company’s profitability over time.”

These results are unaudited and preliminary and actual results may vary. Final results for the second quarter ended June 29, 2007 will be reported by Jazz Technologies on August 6, 2007 and a conference call regarding the final results will be held on the same day.

About Jazz Technologies and Jazz Semiconductor

Jazz Technologies™ (AMEX:JAZ) is the parent company of its wholly owned subsidiary, Jazz Semiconductor, Inc. Jazz Semiconductor^® is an independent wafer foundry focused primarily on specialty CMOS process technologies, including High Voltage CMOS, SiGe BiCMOS and RFCMOS for the manufacture of highly integrated analog intensive mixed-signal semiconductor devices. The company's specialty process technologies are designed for customers who seek to produce analog and mixed-signal semiconductor devices that are smaller and more highly integrated, power-efficient, feature-rich and cost-effective than those produced using standard process technologies. Jazz Semiconductor’s customers target the wireless and high-speed wireline communications, consumer electronics, automotive and industrial end markets. Jazz Semiconductor's U.S. wafer fabrication facilities, and its and Jazz Technologies’ executive offices, are located in Newport Beach, CA. For more information, please visit and http://www.jazztechnologies.com and http://www.jazzsemi.com.

Forward-looking Statements

This press release, and other statements Jazz Technologies or Jazz Semiconductor may make, contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including the statements relating to Jazz Technologies’ future financial or business performance, and the industry and business outlook for the second quarter of 2007 and 2007 as a whole. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “expect,” “anticipate,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” “result” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” and similar expressions.

Exhibit 99.1

Forward-looking statements are based largely on expectations and projections about expected financial and business performance for 2007 as well as future events and future trends and are subject to numerous assumptions, risks and uncertainties, which change over time. Jazz Technologies’ actual results could differ materially from those anticipated in this press release and you should not place any undue reliance on such forward looking statements. Factors that could cause actual performance to differ from these forward-looking statements include industry conditions, Jazz Technologies’ ability to implement, and the effectiveness of, cost saving measures, Jazz Technologies’ ability to continue to grow its specialty business and the other risk factors and uncertainties disclosed in Jazz Technologies’ filings with the SEC and general economic and financial market conditions. Jazz Technologies’ filings with the SEC are accessible on the SEC’s website at http://www.sec.gov. Forward-looking statements speak only as of the date they are made.

Contacts

for Jazz Technologies, Inc.

Kate Sidorovich, 415-445-3236

kate@marketstreetpartners.com

Jon Avidor, 415-445-3234

jon@marketstreetpartners.com

EX-99.2

Exhibit 99.2

    Investor Relations Contacts Kate Sidorovich (415) 445-3236 kate@marketstreetpartners.com Jon Avidor (415) 445-3234 jon@marketstreetpartners.com

Jazz Technologies, Inc. Extends the Term of its Stock and Warrant Repurchase Program

Newport Beach, CA - (July 18^th, 2007) - Jazz Technologies (Amex: JAZ) today announced that its Board of Directors has extended its stock and warrant repurchase program, under which the company may purchase up to $50 million of the company’s common stock and warrants, through October 15, 2007. The stock and warrant repurchase program was announced on January 11, 2007 and had been scheduled to expire on July 15, 2007. As of July 17, 2007, Jazz Technologies has spent approximately $32 million under the stock and warrant repurchase program.

Purchases under the stock and warrant repurchase program will be made from time to time at prevailing prices as permitted by securities laws and other legal requirements, and subject to market conditions and other factors. The program may be discontinued at any time. The stock and warrant repurchase program will be funded using the company’s cash and cash equivalents.

About Jazz Technologies and Jazz Semiconductor

Jazz Technologies™ (AMEX: JAZ) is the parent company of its wholly owned subsidiary, Jazz Semiconductor, Inc.  Jazz Semiconductor^® is an independent wafer foundry focused primarily on specialty CMOS process technologies, including High Voltage CMOS, SiGe BiCMOS and RFCMOS for the manufacture of highly integrated analog intensive mixed-signal semiconductor devices. The company's specialty process technologies are designed for customers who seek to produce analog and mixed-signal semiconductor devices that are smaller and more highly integrated, power-efficient, feature-rich and cost-effective than those produced using standard process technologies. Jazz Semiconductor’s customers target the wireless and high-speed wireline communications, consumer electronics, automotive and industrial end markets. Jazz Semiconductor's U.S. wafer fabrication facilities, and its and Jazz Technologies’ executive offices, are located in Newport Beach, CA.     For more information, please visit and http://www.jazztechnologies.com and http://www.jazzsemi.com.

Forward-looking Statements

This press release, and other statements Jazz Technologies or Jazz Semiconductor may make, contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to expected purchases under the stock and warrant repurchase program. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “expect,” “anticipate,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” “result” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” and similar expressions.

Exhibit 99.2

Forward-looking statements are based largely on expectations and projections about future events and future trends and are subject to numerous assumptions, risks and uncertainties, which change over time. Jazz Technologies’ actual stock and warrant repurchases could be materially less than the aggregate repurchase authorized due to the company’s decision to discontinue the program, market conditions being unfavorable for stock and warrant repurchases or the company’s need to use its working capital for other purposes. Jazz Technologies’ filings with the SEC are accessible on the SEC’s website at http://www.sec.gov. Forward-looking statements speak only as of the date they are made.