United Microelectronics Corporation (NEW) Common Stock (UMC)
5.7800
-0.0600 (-1.03%)
United Microelectronics Corporation is a global semiconductor foundry that specializes in the manufacturing of integrated circuits and various types of semiconductor devices
The company provides a wide range of services, including wafer fabrication and design support, catering to the needs of a diverse clientele in markets such as consumer electronics, automotive, and telecommunications. With a focus on advanced technology and innovation, it plays a key role in enabling its customers to develop and produce high-performance chips for various applications, thereby driving advancements in the electronic industry.
UMC is betting on capacity expansion and innovation to drive its growth in the future, including catering to the demand for artificial intelligence-optimized chips.
A look at the moves made by Viking Fund management in the third quarter, including the exits and new stakes and fund's largest positions at the end of Q3.
United Microelectronics (UMC) is the world's third-largest dedicated chip foundry, with a 7% market share in 2023 after TSMC and GlobalFoundries. Over the past year, United’s share price was up 3.6% as of Wednesday’s market close.
The poll also reveals that over 67% of Taiwanese are willing to resist if an attack occurs, though opinions are divided on the capability of Taiwan's military to defend the island.
There are 6 segments involved in the design, material supply, fabrication, testing, packaging, and distribution of semiconductor devices and this article analyzes the performance of the 27 largest pure-play stocks involved in the 6 segments
The hundreds of AI stocks have been reduced to 31 pure-play stocks in 7 categories and put into 7 portfolios which are tracked on a weekly basis. What follows is a summary of their performances this week.
United Microelectronics reported a second-quarter fiscal 2024 revenue growth of 0.9% year-on-year to $1.750 billion, missing the analyst consensus estimate of $1.762 billion. Earnings per ADS of $0.17 beat the analyst consensus estimate of $0.15.
UMC stock results show that United Microelectronics beat analyst estimates for earnings per share but missed on revenue for the second quarter of 2024.
