On August 18, United Microelectronics fell 5.22% in regular trading, trading at $18.455/share, with turnover of $26.71 million.
On the news front, the semiconductor sector came under systemic selling pressure after SoftBank Group disclosed in its 13F filing that it reduced its TSMC holdings by over 71% during Q2, offloading approximately 1.4 million ADR shares and cashing out around $270 million. The move triggered broad concerns over institutional profit-taking in high-flying chip stocks, compounded by a valuation correction across the global AI industry chain.
Within the Semiconductors sector, Intel fell 6.43%, Micron Technology fell 5.14%, Advanced Micro Devices fell 4.91%, Broadcom fell 3.26%, and NVIDIA fell 2.04%. Despite United Microelectronics reporting 19% year-over-year revenue growth in July and a 250% surge in first-half net income, strong fundamentals were unable to offset sector-wide institutional de-risking in the near term.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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