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Semiconductor Shares Are Trading Higher Amid Possible Sympathy With NVIDIA. At the ABC 2024 Presidential Debate, Vice President Harris Said She Wants to Invest in American-based Technology to Win the Race on AI and Quantum Computing.
US stocks unusual movement | United Microelectronics' pre-market rise exceeds 1%, August revenue increases nearly 9% year-on-year
September 9th, Guo Lenghui|United Microelectronics (UMC.US) rose 1.09% in pre-market trading to $8.37. In terms of news, UMC's August revenue was 20.65 billion New Taiwan dollars, an 8.94% year-on-year increase. The total revenue reached 152.97 billion New Taiwan dollars so far this year, a 3% year-on-year growth. SEMI's senior director of industry research, Tseng Jui-yu, pointed out that the global semiconductor equipment market is expected to grow by a modest 3% to $109.5 billion this year, compared to last year. Next year, driven by advanced logic chip and packaging and testing, the equipment market will grow by 16% to a scale of $127.5 billion, from this year. The capacity utilization rate of wafer fabs fell in the first quarter of this year.
Express News | Dongwei Technology: Signed a sales contract for 0.131 billion yuan.
Is Intel facing an existential crisis, the fate of the semiconductor giant?
On one hand, the uproar of Wolfspeed falling from grace has not stopped. On the other hand, Intel's series of crises continue to spread, with declining performance, massive layoffs, product deficiencies, asset sales, and outsourcing spin-offs... Since the beginning of this year, Intel's stock price has fallen by nearly 60%, making it one of the worst-performing chip stocks.
United Microelectronics Corp Reported Net Sales Growth Of 8.94% YoY In August 2024
Express News | United Microelectronics Corporation: August revenue increased by 8.94% year-on-year.