Can UMC's Latest Renewable Energy Deal Push the Stock Higher?
Market Chatter: United Microelectronics Refutes Speculation of Building Production Site in US
U.S. stock market in the early session | Global focuses on the Federal Reserve's interest rate decision! The three major indices rose slightly, with NVIDIA up nearly 4%; some quantum Concept stocks continued to rise, with QUBT up nearly 24%.
On the evening of October 18th, Peking time, the market is focused on the Federal Reserve's policy decision and Chairman Powell's speech, expecting the Fed to lower interest rates by 25 basis points.
Express News | U.S. stock markets opened mixed, with the Dow up 0.05%, the Nasdaq up 0.03%, and the S&P 500 Index down 0.03%. United Microelectronics rose over 3%, with news that it secured a large order for advanced packaging of Qualcomm chips. WiMi Hologram Cloud rose
Sector Update: Tech Stocks Edge Higher Premarket Wednesday
United Microelectronics Shares Are Trading Higher After the Company Announced It Signed a Corporate Power Purchase Agreement With Fengmiao I Offshore Wind Farm.
Express News | United Microelectronics signed a 30-year Trade for 30 billion degrees of offshore wind power with CIP Fen Miaofeng Field.
United Microelectronics Inks 30-Year, 30B KWh Offshore Wind Power Agreement With Fengmiao I
US stocks have notable movement | United Microelectronics continues to rise 4% in pre-market trading as reports say it has secured an L from Qualcomm for advanced chip packaging.
On December 18, Gelonghui reported that United Microelectronics (UMC.US) continued to rise 4% before the market opened, reaching $6.76. According to media reports, United Microelectronics has secured a major order for advanced packaging of Qualcomm's high-performance computing (HPC) products, which is expected to be applied in the AI PC, automotive, and AI Server markets, including HBM integration. United Microelectronics did not respond to individual clients but emphasized that advanced packaging is a key development direction for the company and will collaborate with subsidiaries like Microchip Technology and storage supply partners like Winbond to create an advanced packaging ecosystem. (Gelonghui)
Broadcom is迎来了 its "NVIDIA moment".
Before joining the "trillion dollar club", Broadcom's Market Cap had already reached around 800 billion USD. The rise of such a large AI Chip stock has made Wall Street think of NVIDIA.
Is there another reason to be Bullish on ASIC? The second half of the computing power war has begun, and the era of AI reasoning may be approaching.
① Ilya Sutskever, co-founder of OpenAI, pointed out that data resources are running low, and the next generation of AI models will be true AI Agents with reasoning capabilities. ② The o1 model recently released by OpenAI has a standout performance characteristic of "capable of reasoning and thinking." ③ The demand for reasoning calculations can even reach 4.5 times that of training calculations, and customized ASIC chips are expected to rise.
The Central Economic Work Conference was held in Peking, and **** delivered an important speech.
The Central Economic Work Conference was held in Peking, where **** delivered an important speech, Li Qiang gave a summary speech, and ****, ****, Cai Qi, ****, and Li Xi attended the meeting.
Express News | The Central Economic Work Conference states that a moderately loose MMF policy should be implemented, with timely reductions in reserve requirements and interest rates, to maintain ample liquidity.
Express News | Central Economic Work Conference: There will be a more proactive fiscal policy, increasing the fiscal deficit ratio.
Express News | Central Economic Work Conference: Implement a more proactive macro policy, expand domestic demand, promote the integration of technological innovation and industrial innovation development, and stabilize the property and stock markets.
Express News | The Electrical Utilities Equipment and Supply Chain Branch of the China Electricity Council issued a proposal: Strengthen self-discipline in the Electrical Utilities Industry and resist "involution-style" vicious competition.
Counterpoint: In the third quarter, the Global Semiconductors Industry revenue reached 158.2 billion USD, with a year-on-year growth of 17%.
In the third quarter of 2024, the Global Semiconductors Industry revenue grew by 17% year-on-year, reaching 158.2 billion dollars, mainly driven by demand for AI technology and the recovery of the memory industry.
U.S. stocks movement | United Microelectronics rose 1% before the market opened, with November revenue growing by 6.71% year-on-year.
Gelonghui, December 11 | United Microelectronics (UMC.US) rose 1.07% before the market, reaching $6.63. In terms of news, United Microelectronics' revenue in November was 20.05 billion New Taiwan dollars, a year-on-year increase of 6.71%; revenue for the first 11 months of this year reached 213.34 billion New Taiwan dollars, a year-on-year increase of 3.79%. (Gelonghui)
UMC Collaborates With Suppliers To Achieve 2.64 Million Tons In Carbon Emissions Reduction
UMC's Collaboration With Suppliers to Build a Sustainable Supply Chain Contributes to 2.64 Million Tons of Carbon Reduction