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Stock impact report

United Microelectronics Corporation (UMC): A Bull Case Theory [Yahoo! Finance]

United Microelectronics Corporation (NEW) (UMC) 
US:NYSE Investor Relations: umc.com/english/investors/index.asp
Company Research Source: Yahoo! Finance
United Microelectronics Corporation's share was trading at $8.77 as of January 15th. UMC's trailing and forward P/E were 16.37 and 14.35 respectively according to Yahoo Finance. United Microelectronics Corporation (UMC) operates in a less glamorous but essential segment of the semiconductor market, focusing on mature and specialty nodes that power automobiles, industrial equipment, power management chips, displays, IoT devices, and networking gear. Unlike cutting-edge AI chips, these markets prioritize stability, reliability, and cost over raw performance, creating consistent and predictable demand. Once a customer designs a chip on UMC's process, they typically stay for years, ensuring long-term volume visibility. Over 80% of global chip volume still comes from mature nodes, and this market shows no signs of disappearing. UMC is expanding its wafer capacity in Singapore to over 8 million units by 2026—about half of TSMC's output but ahead of most other mature-node foundries—allow Show less Read more
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