28-Mar-2024
UMC Announces Investor Event and Financial Updates
TipRanks (Mon, 25-Mar 7:27 AM ET)
United Microelectronics Posts Stable Financials
TipRanks (Mon, 25-Mar 6:58 AM ET)
UMC Reports Sales for February 2024
Business Wire (Wed, 6-Mar 3:00 AM ET)
UMC Reports Sales for January 2024
Business Wire (Tue, 6-Feb 3:00 AM ET)
UMC Reports Fourth Quarter 2023 Results
Business Wire (Wed, 31-Jan 3:33 AM ET)
Intel and UMC Announce New Foundry Collaboration
Business Wire (Thu, 25-Jan 8:30 AM ET)
UMC Reports Sales for December 2023
Business Wire (Fri, 5-Jan 3:00 AM ET)
Founded in 1980, United Microelectronics is the world's third-largest dedicated chip foundry, with 7% market share in 2023 after TSMC and GlobalFoundries. UMC's headquarters are in Hsinchu, Taiwan, and it operates 12 fabs in Taiwan, Mainland China, Japan and Singapore, with additional sales offices in Europe, the U.S. and South Korea. UMC features a diverse customer base including Texas Instruments, MediaTek, Qualcomm, Broadcom, Xilinx and Realtek, supplying a wide range of products applied in communications, display, memory, automotive and more. UMC employs about 20,000 people.
United Microelectronics (New) trades on the NYSE stock market under the symbol UMC.
As of March 28, 2024, UMC stock price climbed to $8.09 with 4,628,019 million shares trading.
UMC has a beta of 1.04, meaning it tends to be more sensitive to market movements. UMC has a correlation of 0.22 to the broad based SPY ETF.
UMC has a market cap of $20.27 billion. This is considered a Large Cap stock.
Last quarter United Microelectronics (New) reported $2 billion in Revenue and $.17 earnings per share. This beat revenue expectation by $90 million and exceeded earnings estimates by $.02.
In the last 3 years, UMC stock traded as high as $12.68 and as low as $5.36.
The top ETF exchange traded funds that UMC belongs to (by Net Assets): SOXX, VWO, SOXL, SPEM, VEU.
UMC has underperformed the market in the last year with a price return of +0.2% while the SPY ETF gained +33.6%. UMC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -6.6% and -2.8%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
UMC support price is $7.84 and resistance is $8.12 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that UMC stock will trade within this expected range on the day.