On August 24, United Microelectronics rose 5.4% overnight, trading at $19.25/share, with turnover of $465,400.
On the news front, UMC achieved a major milestone in its silicon photonics foundry business. The company successfully delivered its first batch of 12-inch silicon photonics mass production wafers at its Singapore fab, becoming one of the few foundries globally capable of 12-inch PIC mass production. CEO Jason Wang stated that the company's AI-related foundry revenue will grow from $300 million this year to over $1 billion within three years, with silicon photonics serving as a key growth driver.
At the industry level, AI spillover effects are driving mature-node processes into a price-hike cycle. UMC's capacity utilization has exceeded 90%, with some critical chip orders booked through next year. This follows UMC's Q2 revenue of $2.18 billion and its board-approved phased capacity expansion in Singapore and Taiwan to meet rising AI and edge computing demand.
(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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