UNITED MICROELECTRON-SP ADR (UMC) Stock News
NYSE:UMC - New York Stock Exchange, Inc. - US9108734057 - ADR - Currency: USD
UMC Latest News, Press Relases and Analysis
Chefs’ Warehouse price target raised to $74 from $68 at BTIG
BTIG raised the firm’s price target on Chefs’ Warehouse (CHEF) to $74 from $68 and keeps a Buy rating on the shares after meeting with its management team. The firm expects Q1 sales strength to continue into Q2 and sees the company’s FY25 outlook as achievable, if not conservative, given the resilience seen in sales trends to-date, the analyst tells investors in a research note. Chefs’ Warehouse is harvesting post-COVID investments to drive several years of sales growth and margin expansion, wit
Intuit price target raised to $770 from $660 at JPMorgan
JPMorgan raised the firm’s price target on Intuit (INTU) to $770 from $660 and keeps an Overweight rating on the shares. The company’s fiscal Q3 results came in well ahead of estimates, driven by outsized TurboTax and Credit Karma beats, the analyst tells investors in a research note. The firm says its “enthusiasm remains highest” for the QuickBooks franchise and its upmarket momentum, noting the segment remains a “durable on-track high-growth phenomenon at scale.” Published first on TheFly – th
JPMorgan Lifts MercadoLibre (MELI) Price Target After Strong Q1 Report
On Thursday, May 22, JPMorgan analyst Marcelo Santos raised the firm’s price target for MercadoLibre, Inc. (NASDAQ:MELI) from $2,250 to $2,600 but kept a “Neutral” rating. This adjustment comes after MercadoLibre, Inc. (NASDAQ:MELI) reported strong results for Q1 2025, with revenue growing by 37% year-over-year. Santos pointed out that the new price target for MercadoLibre, […]
Here is Why Oklo (OKLO) Surged Today
The share price of Oklo Inc. (NYSE:OKLO) surged by 23.04% on May 23, 2025. Let’s shed some light on the development. Backed by OpenAI’s Sam Altman, Oklo Inc. (NYSE:OKLO) develops advanced fission power plants to provide clean, reliable, and affordable energy at scale to customers in the United States. Oklo Inc. (NYSE:OKLO) rallied on Friday […]
UMC downgraded to Sell from Neutral at Goldman Sachs
Goldman Sachs analyst Bruce Lu downgraded UMC (UMC) to Sell from Neutral with a price target of NT$40.50, down from NT$44.50 as part of a broader research note citing “heightened” appreciation of Taiwan currency vs. US Dollar. The currency mismatch, where UMC’s revenues are highly USD-denominated and the majority of its operating costs are based in TWD, will directly erode the company’s profitability, the analyst tells investors in a research note. The firm further cites the headwinds of intensi
Nano-X Imaging price target lowered to $7 from $9 at Alliance Global Partners
Alliance Global Partners lowered the firm’s price target on Nano-X Imaging (NNOX) to $7 from $9 and keeps a Buy rating on the shares. The firm cites the company’s Q1 revenue missing forecasts, suggesting a challenging macro environment, the analyst tells investors in a research note. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing stocks on TipRanks >> Read More on NNOX: Nanox Imaging Reports Q1 2025 Fina
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UMC Reports Sales for April 2025
United Microelectronics Corporation (UMC): Among Overlooked Tech Stocks to Buy Now
We recently published a list of 10 Overlooked Tech Stocks to Buy Now. In this article, we are going to take a look at where United Microelectronics Corporation (NYSE:UMC) stands against other overlooked tech stocks to buy now. After overcoming major macroeconomic challenges, the IT sector has started 2025 with fresh vigor. The tech sector […]
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Is STMicroelectronics N.V. (STM) the Cheap Semiconductor Stock to Buy Now?
We recently published a list of10 Cheap Semiconductor Stocks to Buy Now. In this article, we are going to take a look at where STMicroelectronics N.V. (NYSE:STM) stands against other cheap semiconductor stocks to buy now. The semiconductor industry has been experiencing a recent wave of surging demand, technological innovation, and shifting macroeconomic dynamics. According […]
UMC Files Form 20-F for 2024 with US Securities and Exchange Commission
UMC Reports First Quarter 2025 Results
United Microelectronics Boasts Q1 Gains, Faces Caution Over Tariff Impact On Future Orders
United Microelectronics, or UMC, reported Q1 results with 5.9% revenue growth, missing estimates. Earnings per ADS also missed.
Chipmaker UMC says no merger 'activity' right now, amid GlobalFoundries talk
TAIPEI (Reuters) -Taiwanese chipmaker United Microelectronics Corp (UMC) said on Wednesday that there was currently no ongoing merger activity, following reports the company and U.S.-based GlobalFoundries are considering a tie-up. UMC and GlobalFoundries are looking into whether to merge, two sources familiar with the matter told Reuters last month. Asked about the reports on an earnings call, UMC Chief Financial Officer Chitung Liu said he did not want to comment on what he called market rumours, given such major news would have to come from an "official announcement".
UMC Reports Sales for March 2025
GlobalFoundries explores merger with United Microelectronics, reports say
If realised, the combined entity would establish a larger, US-based company with production capabilities spanning Asia, the US and Europe.
BofA Cites ‘Very Complicated’ Road Ahead For GlobalFoundries-UMC Merger – Stocks Slip But Retail Remains Bullish
BofA flagged that GlobalFoundries’ primary value add compared to its peers is its lack of exposure to China and Taiwan, which "might be negated" by a merger.
Is ThredUp Inc. (TDUP) the Best Performing NASDAQ Stock So Far in 2025?
We recently published a list of 11 Best Performing NASDAQ Stocks So Far in 2025. In this article, we are going to take a look at where ThredUp Inc. (NASDAQ:TDUP) stands against other best performing NASDAQ stocks so far in 2025. On March 29, T. Rowe Price portfolio manager Tony Wang appeared on CNBC’s ‘Closing […]
Is United Microelectronics Corporation (UMC) The Best Stock Under $10 to Buy Now?
We recently compiled a list of the 10 Best Stocks Under $10 to Buy Now. In this article, we are going to take a look at where United Microelectronics Corporation (NYSE:UMC) stands against the other stocks under $10. On March 28, Friday, US stocks declined as Wall Street continued to struggle with President Trump’s trade […]
CORRECTING and REPLACING CAPTION UMC Unveils New Fab Expansion in Singapore in Grand Opening Ceremony
Why United Microelectronics Corp. (UMC) Went Up On Monday?
We recently published a list of 10 Firms Kick Off Trading Week Stronger. In this article, we are going to take a look at where United Microelectronics Corp. (NYSE:UMC) stands against other firms that kicked off the trading week stronger. The stock market began the trading week on a mixed note as investors continued to […]
GlobalFoundries Reportedly Explores Merger With UMC Amid Taiwan Tensions – Retail Opinion Divided
According to a report by Nikkie Asia, a merger between GlobalFoundries and UMC would create a larger, U.S.-based semiconductor firm with manufacturing capabilities spanning the U.S., Europe, and Asia.
GlobalFoundries and Taiwanese chipmaker UMC mull potential merger, sources say
Taiwan's major chipmaker United Microelectronics and U.S.-based GlobalFoundries are looking into the possibility of a merger, two sources familiar with the matter told Reuters on Monday. A combined company would establish a larger U.S.-based firm with a global manufacturing footprint spanning Asia, the United States and Europe. The potential deal comes as the U.S. seeks to strengthen its semiconductor supply chain amid rising geopolitical tensions in the Taiwan Strait and increasing competition from China in the mature chip market.
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UMC Reports Sales for February 2025
UMC Reports Sales for January 2025
