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Why Are United Microelectronics Shares Trading Higher Today?

Tiger Newspress2021-09-03

United Microelectronics shares surged nearly 6% in early trading.

  • United Microelectronics Corp is the third-largest dedicated chip foundry, with a 7% market share in 2020 as per Gartner after Taiwan Semiconductor Manufacturing Co Ltd and GlobalFoundries.
  • As per reports, the UMC aims to hike its prices for the second time for its 28-nm technology in quick succession.
  • Rival TSM, which decided to keep the 28-nm prices intact, planned a 10% hike for its sub-16nm prices in 2022.
  • It seems like an opportune moment to raise the prices considering the demand surge aided chip crisis.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Comment39

  • Lucky_Leg
    ·2021-09-07
    Nice
    Reply
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  • winsolutions
    ·2021-09-06
    Sometime is emotion sometime logic. Hmm... 
    Reply
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  • MetalGuru
    ·2021-09-06
    Normal, what people need to know is most raw material and shipment cost has risen since covid 
    Reply
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  • dho
    ·2021-09-06
    How
    Reply
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  • JLSW86
    ·2021-09-05
    WhT About intel?
    Reply
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  • rachellll
    ·2021-09-05
    ?
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  • SSVC
    ·2021-09-05
    Good Appreciate your response and comments Thanks 
    Reply
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  • kkky
    ·2021-09-05
    Wow
    Reply
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  • FrickL
    ·2021-09-05
    Wow!… like!
    Reply
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    • Yhlim
      Yup
      2021-09-05
      Reply
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  • pekss
    ·2021-09-05
    Hope to see TSM rises above $130 soon!
    Reply
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  • SPOT_ON
    ·2021-09-05
    Like n follow 
    Reply
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  • rocketship
    ·2021-09-05
    Nice
    Reply
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  • Lucky_Leg
    ·2021-09-05
    Wow
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  • GANCL
    ·2021-09-05
    Great chip demand will continue in coming months
    Reply
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    • pekss
      and last through at least 2022!
      2021-09-05
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    • Ti82
      Yeah
      2021-09-05
      Reply
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  • Hodl
    ·2021-09-05
    [Cool] 
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  • Zin222
    ·2021-09-05
    Good 
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  • Yangli
    ·2021-09-04
    Bowwww
    Reply
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  • Th5
    ·2021-09-04
    Wow
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  • 6a239a89
    ·2021-09-04
    Good![Strong] 
    Reply
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    • Surajk
      Good
      2021-09-04
      Reply
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  • Dazhu
    ·2021-09-04
    Time to buy?
    Reply
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