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-7.41509713778683E-05 -0.000222452914133184 -7.41509713778683E-05 -0.000667358742399551 -0.000222452914133184 0.000444905828266367 0.0017054723416876 0.00163132137030994
Stock impact report

Taiwan chipmaker UMC warns of muted auto, industrial demand [Reuters]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
Company Research Source: Reuters
quarter as inventory levels for computing, consumer and communications segments improved, but warned of muted auto and industrial demand. WHY IT'S IMPORTANT Investors have been on edge about chip demand after UMC's much larger peer TSMC 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. THE DETAILS UMC , in a first quarter earnings release, said the inventory situation for the current quarter for the computing, consumer and communications segments were improving to a healthier level, which would bring a rise in wafer shipments. But it said demand remained muted for the automotive and industr Show less Read more
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