On August 4, United Microelectronics rose 5.46% in regular trading, trading at $19.97/share, with turnover of approximately $24.58 million. The stock recovered from the prior session's 7.78% decline as the broader semiconductor sector staged a collective rebound.
On the news front, the semiconductor sector saw broad-based gains, with Intel up 6.59%, Advanced Micro Devices up 5.45%, and Micron Technology up 5.07%, lifting sector sentiment and supporting United Microelectronics' recovery. Additionally, the company's Q2 earnings released on July 29 continue to underpin bullish sentiment — EPS came in at $0.54, beating the consensus estimate of $0.15 by 260%, while revenue of $2.176 billion also exceeded the $2.060 billion estimate. Wafer shipments grew 10.6% quarter-over-quarter with utilization rising to 85%, driven by strong communication and consumer demand. The board also approved approximately $5 billion in capital expenditure for phased capacity expansion at its Singapore and Tainan facilities to capture AI and edge computing opportunities, including silicon photonics production.
(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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