The Latest Breaking News from UMC

Taiwan-based chipmaker United Microelectronics is trading at a discount to its peers. Although the current uncertain macroeconomic environment means that the company will continue to face soft consumer demand, the demand for chips is expected to remain strong in the long run due to their increasing applicability. Therefore, it could…

With slow wage growth and low unemployment raising hopes of the much-coveted soft landing for the economy, loading up on fundamentally strong and profitable stocks Cisco Systems (CSCO), United Microelectronics (UMC), and Acuity Brands (AYI) could help generate solid returns. Continue reading….

Recessionary fears continue to weigh on investor sentiment as the central banks worldwide warn to keep raising interest rates. This is expected to keep the stock market under pressure. However, it could be wise to buy fundamentally sound and cheap stocks United Microelectronics. (UMC), Myers Industries (MYE), Hackett Group (HCKT),…

The Fed’s hawkish stance and decline in consumer spending indicate that the economy could soon tip into a recession. Therefore, investors should consider fundamentally sound stocks Cardinal Health (CAH), United Microelectronics (UMC), MasterCraft (MCFT), and GEE Group (JOB) now. Keep reading….

Despite the continued supply chain disruptions due to U.S.-China tensions, the semiconductor industry is poised to expand significantly due to its increasing demand and usage across all sectors. Furthermore, federal investments are boosting the industry’s growth. Hence, it could be wise to add fundamentally strong and quality semiconductor stocks STMicroelectronics…

LAS VEGAS — A Las Vegas nurse and self-described pagan has sued the hospital that fired her after it rejected her request for a religious exemption to its COVID-19 vaccination requirement.

The semiconductor industry is poised to benefit from the megatrend of digitization, which may not lose momentum soon. Furthermore, growing corporate investments and government support should drive the industry’s growth. Thus, fundamentally sound semiconductor stocks Taiwan Semiconductor Manufacturing (TSM), United Microelectronics (UMC), Photronics (PLAB), and Xperi (XPER) could be ideal…

Those leaving are frustrated that the church has taken positions they feel are too liberal.

DALLAS — The regional governing bodies of the United Methodist Church are called annual conferences. They typically meet once a year to conduct church business. But two of those Texas conferences will meet this weekend in special sessions to approve the withdrawal of potentially hundreds of churches from the UMC.

The semiconductor and chip industry has witnessed a substantial downtrend amid weakening demand. However, lucrative federal investments like the CHIPS Act might fortify the sector's prospects. Given the positive investor sentiment toward semiconductor stocks, United Microelectronics (UMC) and Photronics (PLAB), currently trading under $20, might be ideal investments considering their…

October’s wholesale prices came in lower than expected following a favorable CPI report, raising hopes that the Fed might slow its pace of rate hikes. Moreover, Goldman Sachs believes a soft landing is still possible. Therefore, fundamentally sound stocks such as United Microelectronics (UMC), Birchcliff Energy (BIREF), Spok Holdings (SPOK),…