United Microelectronics Corporation (UMC)
- Business Wire
UMC Reports First Quarter 2024 Results
TAIPEI, Taiwan, April 24, 2024--United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) ("UMC" or "The Company"), a leading global semiconductor foundry, today announced its consolidated operating results for the first quarter of 2024.
- Reuters
Taiwan chipmaker UMC warns of muted auto, industrial demand
Taiwanese chipmaker UMC said on Wednesday it expected a rise in wafer shipments in the second quarter as inventory levels for computing, consumer and communications segments improved, but warned of muted auto and industrial demand. Investors have been on edge about chip demand after UMC's much larger peer TSMC shocked the market last week by dialling back its expectations for the sector's growth this year, especially in more mature technologies used in sectors like autos. United Microelectronics Corp (UMC) focuses on more mature nodes, unlike Taiwan Semiconductor Manufacturing Co (TSMC), the world's largest contract chipmaker, which is investing big in the most advanced 2 and 1 nanometre technology to power artificial intelligence (AI) applications.
- Zacks
Will HDD Offerings Aid Western Digital's (WDC) Q3 Earnings?
Western Digital's (WDC) fiscal third-quarter performance is likely to have benefited from solid momentum in HDD and flash
