On June 18, United Microelectronics (UMC) rose 6.89% in regular trading, trading at $23.255/share, with turnover of $45.05 million, extending its rebound after a cumulative pullback of over 15%.
On the news front, the semiconductor sector staged a broad-based recovery, with Intel surging 10.79%, Micron Technology up 5.16%, AMD up 4.12%, and Broadcom up 3.87%, as sector sentiment improvement drove capital inflows. On the fundamental side, UMC's embedded Deep Trench Capacitor (DTC) technology has successfully entered Qualcomm's supply chain and begun shipping. This development is complemented by Q1 net profit surging 108% year-over-year to NT$16.17 billion and expectations of selective price hikes of approximately 10% in the second half of the year, creating a confluence of positive catalysts that continue to attract buying interest following the prior valuation-driven correction.
(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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