The Latest Breaking News from UMC

The Senate is expected to pass the much-awaited CHIPS Act this week. The $52 billion funding aims to bolster domestic manufacturing and incentivize investment in this sector. The potential passage of this bill can propel quality semiconductor stocks Intel (INTC), United Microelectronics (UMC), and Photronics (PLAB) to soar higher. Let’s…

Despite concerns over tightening monetary policy to battle against the high inflation and a potential recession, an unexpected resiliency in consumer spending, an improving job market, and a better-than-expected corporate season are restoring the investors' confidence. However, since the market volatility is not expected to reduce anytime soon, dividend-paying stocks…

Thanks to the increased usage of consumer electronics in a rapidly digitalizing world and the transition to electric vehicles (EVs), the demand for semiconductor chips is rising. The industry's long-term prospects look bright with increased government and corporate investments to address the global chip shortage. Therefore, investing in quality chip…

Despite industry headwinds, solid demand for semiconductors has helped the industry remain afloat. Moreover, significant federal funding could be on the horizon that aims to boost the industry. So, we think investors should not wait any longer to scoop up fundamentally strong semiconductor stocks United Microelectronics (UMC), STMicroelectronics (STM), Broadcom…

The jitters over inflation's impact on the economy’s growth prospects have lately led to immense stock market volatility. Since the macroeconomic headwinds are not expected to ease anytime soon, we think it could be wise to invest in high-quality stocks Vertex Pharmaceuticals (VRTX), United Microelectronics (UMC), and Sanderson Farms (SAFM),…

COVID-19 pandemic-led supply chain issues significantly disrupted the semiconductor industry. However, the industry is now rebounding strongly, and given semiconductors varied uses across sectors, the industry’s prospects look impressive. Against this backdrop, we think growth stocks in the semiconductor industry that currently look undervalued—Micron Technology (MU), United Microelectronics (UMC), and…

Substantial investments by industry leaders and federal government funding are expected to expand the U.S. semiconductor sector considerably. Furthermore, given the overwhelming demand for chips, we think it could be wise to bet on the stocks of quality semiconductor companies QUALCOMM (QCOM), STMicroelectronics (STM), United Microelectronics (UMC), Renesas Electronics (RNECF),…

Despite the persistent chip shortage, growing demand for microchips and increasing investments to enhance chip production should help prominent chipmakers NVIDIA (NVDA) and United Microelectronics (UMC) rebound from their recent slump. But which of these stocks is a better buy now? Read more to find out.

Wall Street is currently witnessing relentless selling pressure on concerns over an aggressive monetary policy tightening to control the surging inflation. This has led to many quality stocks trading at attractive valuations. Fundamentally sound stocks United Microelectronics (UMC), Herbalife (HLF), Renault (RNLSY), Goodyear Tire & Rubber (GT), and Meritage Homes…

Although the technology sector’s sell-off on concerns over the Fed’s monetary policy tightening has seen semiconductor chip stocks plunge in price lately, growing demand for advanced microchips and increasing corporate and government investments to ramp up production and ease the chip shortage should help these stocks rebound quickly. Therefore, we…

The United Methodist Church’s Council of Bishops had ended a five-day meeting acknowledging the inevitable breakup of their denomination