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United Microelectronics Corporation (UMC)
After hours:
| Previous close | 7.60 |
| Open | 7.68 |
| Bid | 0.00 x 4000 |
| Ask | 0.00 x 1800 |
| Day's range | 7.43 - 7.80 |
| 52-week range | 6.71 - 8.97 |
| Volume | |
| Avg. volume | 7,830,619 |
| Market cap | 19.333B |
| Beta (5Y monthly) | 1.18 |
| PE ratio (TTM) | 10.41 |
| EPS (TTM) | 0.74 |
| Earnings date | N/A |
| Forward dividend & yield | 0.58 (7.58%) |
| Ex-dividend date | 26 Jun 2023 |
| 1y target est | 7.67 |
Business WireUMC Reports First Quarter 2024 Results
TAIPEI, Taiwan, April 24, 2024--United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) ("UMC" or "The Company"), a leading global semiconductor foundry, today announced its consolidated operating results for the first quarter of 2024.
ReutersTaiwan chipmaker UMC warns of muted auto, industrial demand
Taiwanese chipmaker UMC said on Wednesday it expected a rise in wafer shipments in the second quarter as inventory levels for computing, consumer and communications segments improved, but warned of muted auto and industrial demand. Investors have been on edge about chip demand after UMC's much larger peer TSMC shocked the market last week by dialling back its expectations for the sector's growth this year, especially in more mature technologies used in sectors like autos. United Microelectronics Corp (UMC) focuses on more mature nodes, unlike Taiwan Semiconductor Manufacturing Co (TSMC), the world's largest contract chipmaker, which is investing big in the most advanced 2 and 1 nanometre technology to power artificial intelligence (AI) applications.
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