General Description

United Microelectronics

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Ticker: UMC

Sector: Semiconductors & Semiconductor Equipment

United Microelectronics Corp (UMC) stock is trading at $7.05 as of 1:28 PM on Friday, October 27, a drop of -$0.07, or -0.98% from the previous.

Extended Summary

United Microelectronics

United Microelectronics Corp (UMC) stock is trading at $7.05 as of 1:28 PM on Friday, Oct 27, a drop of -$0.07, or -0.98% from the previous closing price of $7.12. United MicroElectronics Corp has a Bearish sentiment reading. United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”), today reported unaudited net sales for the month of February 2023. UMC is scheduled to announce Q3 earnings results on Wednesday. United Microelectronics shares are trading lower following Q3 results. Marlin Semiconductor Tops Off Portfolio Acquisition as Other IPValue Litigation Rolls Along. United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally. UMC plans to double its silicon interposer wafer capacity next year amid an AI boom, while it also anticipates strong demand for chips related to AI. United Microelectronics Corporation (UMC) announced it expects a gradual stabilization of demand in the fourth quarter of the year. Specialty technology portfolio contributed 59% of overall sales.

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October 30, 2023 2:07 (London Time)