$2.2 trillion Nvidia is colliding with Taiwan's biggest earthquake in 25 years as its key chip supplier grapples with factory fallout [Yahoo! Finance]
United Microelectronics Corporation (NEW) (UMC)
US:NYSE Investor Relations:
umc.com/english/investors/index.asp
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Source: Yahoo! Finance
TSMC said it moved staff from some production centers after its science parks in Hsinchu, Longtan, Zhunan, and Taichung experienced earthquake shocks with a magnitude up to 5.0. Initial inspections of TSMC's construction sites were normal, but it said a “small number” of tools were damaged in certain production areas that partially impacted operations. Fabrication plant tool recovery was at over 70% within 10 hours of the quake, and none of TSMC's critical tools were impacted, the company reported. The chip manufacturer's local rival United Microelectronics Corporation (UMC) also took measures to evacuate certain facilities and halt some operations. “TSMC's safety systems are operating normally,” the company said in a statement to Fortune . “Preventative measures to ensure employee safety and well-being were initiated at that time according to procedure, and some fabs were evacuated. All personnel are safe and returned to their workplace shortly after the incident.” UMC did not r
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UMC
News
- United Microelectronics Corporation (NYSE:UMC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- UMC Files Form 20-F for 2023 with US Securities and Exchange CommissionBusiness Wire
- United Microelectronics Co. (NYSE: UMC) was upgraded by analysts at Citigroup Inc. from a "neutral" rating to a "buy" rating.MarketBeat
- UMC Reports First Quarter 2024 ResultsBusiness Wire
- United Microelectronics: The Worst Seems To Have Passed, Good Time To Jump Back In [Seeking Alpha]Seeking Alpha
UMC
Earnings
- 4/24/24 - Miss
UMC
Sec Filings
- 4/25/24 - Form 6-K
- 4/25/24 - Form 20-F
- 4/24/24 - Form 6-K
- UMC's page on the SEC website