On July 21, United Microelectronics rose 4.68% in regular trading, trading at $21.035/share, with turnover of $46.88 million. The broad-based semiconductor sector recovery served as the primary catalyst, lifting UMC from a multi-day decline that had seen cumulative losses exceeding 18%.
Within the Semiconductor sector, peer stocks rallied sharply: SK hynix surged 8.97%, Micron Technology gained 8.65%, Intel rose 6.25%, Advanced Micro Devices climbed 4.56%, and NVIDIA added 1.58%. The coordinated sector rebound reflects a broad sentiment recovery following a period of intense systemic selling pressure that had driven the Philadelphia Semiconductor Index down approximately 20% from its recent highs.
On fundamentals, UMC reported Q2 revenue growth of nearly 17% year-over-year, marking a 15-quarter high. The company's Singapore wafer fab has achieved mass production of its first silicon photonics wafers supporting 1.6Tbps high-bandwidth interconnect solutions. UMC's next earnings report is scheduled for July 29.
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