On September 16, United Microelectronics rose 3.68% in regular trading, trading at $22.485 per share, with turnover of $10.88 million, staging a notable rebound after falling over 3% in the prior session.

On the news front, recent reports indicate that TSMC's CoWoS advanced packaging capacity remains in severe shortage, with the bottleneck now overflowing to foundry and packaging peers including United Microelectronics, Amkor, and ASE. The market expects United Microelectronics to benefit from this rising substitution demand. Meanwhile, the company reported August consolidated net sales of NT$25.045 billion, surging 30.71% year-over-year, while cumulative revenue for the first eight months climbed 14.66% year-over-year. TrendForce data also showed the company's Q2 revenue grew 12.7% quarter-over-quarter, maintaining a 3.9% market share.

Within the Semiconductors sector, the broader group showed strength, with Intel up 5.47%, Advanced Micro Devices up 2.63%, NVIDIA up 0.83%, Broadcom up 0.31%, and Micron Technology up 0.3%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)