The Latest Breaking News from UMC

The jitters over inflation's impact on the economy’s growth prospects have lately led to immense stock market volatility. Since the macroeconomic headwinds are not expected to ease anytime soon, we think it could be wise to invest in high-quality stocks Vertex Pharmaceuticals (VRTX), United Microelectronics (UMC), and Sanderson Farms (SAFM),…

COVID-19 pandemic-led supply chain issues significantly disrupted the semiconductor industry. However, the industry is now rebounding strongly, and given semiconductors varied uses across sectors, the industry’s prospects look impressive. Against this backdrop, we think growth stocks in the semiconductor industry that currently look undervalued—Micron Technology (MU), United Microelectronics (UMC), and…

Substantial investments by industry leaders and federal government funding are expected to expand the U.S. semiconductor sector considerably. Furthermore, given the overwhelming demand for chips, we think it could be wise to bet on the stocks of quality semiconductor companies QUALCOMM (QCOM), STMicroelectronics (STM), United Microelectronics (UMC), Renesas Electronics (RNECF),…

Despite the persistent chip shortage, growing demand for microchips and increasing investments to enhance chip production should help prominent chipmakers NVIDIA (NVDA) and United Microelectronics (UMC) rebound from their recent slump. But which of these stocks is a better buy now? Read more to find out.

Wall Street is currently witnessing relentless selling pressure on concerns over an aggressive monetary policy tightening to control the surging inflation. This has led to many quality stocks trading at attractive valuations. Fundamentally sound stocks United Microelectronics (UMC), Herbalife (HLF), Renault (RNLSY), Goodyear Tire & Rubber (GT), and Meritage Homes…

Although the technology sector’s sell-off on concerns over the Fed’s monetary policy tightening has seen semiconductor chip stocks plunge in price lately, growing demand for advanced microchips and increasing corporate and government investments to ramp up production and ease the chip shortage should help these stocks rebound quickly. Therefore, we…

The United Methodist Church’s Council of Bishops had ended a five-day meeting acknowledging the inevitable breakup of their denomination

  United Microelectronics (NYSE:UMC) reported its Q1 earnings results on Wednesday, April 27, 2022 at 05:00 AM. Here's what investors need to know about the announcement.

United Microelectronics Corp (NYSE:UMC)  reported first-quarter FY22 revenue growth of 34.7% year-on-year to $2.22 billion, missing the consensus of $2.26 billion. Revenue contribution from 40nm and below technologies represented 38% of wafer revenue. Wafer shipments declined 1.3% Q/Q to 2,513K, while quarterly capacity grew to 2,420K 8-inch equivalent wafers. The overall utilization rate…

Amid the increasing demand for semiconductors from the automotive and electronics industries, rising government and private investments to address the global chip shortage should position the semiconductor industry for solid growth. So, semiconductor companies United Microelectronics (UMC) and Himax Technologies (HIMX) should benefit from industry tailwinds. But which of these…

Despite the current semiconductor shortage, rising demand for semiconductor chips and increasing investments to ramp up production should drive the industry’s growth. Therefore, we think it could be wise to bet on quality semiconductor stocks Micron Technology (MU), STMicroelectronics (STM), United Microelectronics (UMC), Renesas Electronics (RNECF), and Semtech (SMTC). Read…