United Microelectronics (UMC) Surges 9.2%: Is This an Indication of Further Gains?

By Yahoo! Finance   |   1 month ago
United Microelectronics (UMC) Surges 9.2%: Is This an Indication of Further Gains?

United Microelectronics Corporation (UMC) shares surged 9.2% due to increased trading volume. UMC's growth is driven by demand for AI services and semiconductor content. It is set to expand capacity with a new fab in Singapore. Earnings are expected to be $0.

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