Movement Alert|United Microelectronics Overnight Rise 5.4%, Silicon Photonics Mass Production Breakthrough and AI Foundry Revenue Target Sharply Raised

Market Focus09:09

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.

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