On June 18, United Microelectronics (UMC) rose 3.03% in regular trading, trading at $22.29/share, with turnover of approximately $100 million, extending its rebound following a prior session pullback.

On the news front, the broader semiconductor sector staged a notable recovery, with Broadcom up 5.58%, Intel up 4.10%, and Micron Technology up 3.66%, creating favorable sector momentum that lifted foundry names. On the fundamental side, UMC's embedded Deep Trench Capacitor (DTC) technology has successfully entered Qualcomm's supply chain and commenced shipments, marking a significant milestone in advanced packaging. This development is layered on top of Q1 net profit surging 108% year-over-year to NT$16.17 billion and the company's confirmed plan for selective price hikes of approximately 10% on new wafer starts in the second half, with broader pricing negotiations expected next year.

The stock had previously pulled back over 15% due to elevated valuations significantly above its five-year median P/E of 11.8x, and the confluence of improving fundamentals and sector tailwinds continues to attract capital inflows on the rebound.

(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.)