Movement Alert|United Microelectronics Rises 4.38% in Regular Trading, August Revenue Surges 30.71% YoY Fueling Momentum

Market Focus
Sep 08

On September 8, United Microelectronics rose 4.38% in regular trading, trading at $21.85/share, with turnover of $9.7018 million. The rally was driven by the company's recently disclosed August unaudited revenue data showing a sharp acceleration in top-line growth.

Specifically, United Microelectronics reported August net sales of NT$25.045 billion, up 30.71% year-over-year from NT$19.16 billion in the same period last year. The growth rate marked a notable acceleration from July's 19% increase. On a cumulative basis, net sales for the first eight months reached NT$178.659 billion, representing a 14.66% year-over-year increase. Additionally, the company recently completed a NT$4.79 billion domestic unsecured convertible bond issuance, with proceeds earmarked for capital expenditure and capacity expansion. United Microelectronics is also collaborating with Intel to co-develop a 12-nanometer process node, reinforcing its medium-to-long-term growth trajectory.

Within the Semiconductors sector, the broader group traded positively. Among individual stocks, Intel up 7.41%, SK hynix up 5.21%, Advanced Micro Devices up 3.11%, Micron Technology up 2.28%, NVIDIA up 1.18%.

(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.)

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