Streetbeat News

UMC

United Microelectronics Corporation

https://www.umc.com

Industry

Semiconductors

United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally. The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. It serves fabless design companies and integrated device manufacturers. United Microelectronics Corporation was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan.

Open

6.92

Mkt cap

17B

Volume

8.2M

High

6.99

P/E Ratio

11.08

52-wk high

9.00

Low

6.91

Div yield

0.00

52-wk low

6.78

Marvell Tech (NASDAQ:MRVL) will pay a dividend of $0.06 per share on July 26, 2023, with an annualized dividend yield of 0.39%. The company has maintained a consistent dividend per share of $0.24 from 2019 to 2022. Marvell Tech's earnings per share have grown from $0.74 to $2.16 from 2019 to 2022, indicating potential for increased cash dividend payouts. United Microelectronics (NYSE:UMC) has the highest annualized dividend yield in the industry at 7.99%.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 3:05 pm

United Microelectronics (NYSE:UMC) reported Q2 earnings of $0.204 per share, beating the analyst consensus estimate of $0.15 by 36 percent. The company also reported quarterly sales of $1.81 billion, surpassing the analyst consensus estimate of $1.78 billion by 1.69 percent.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 10:06 am

The article discusses value stocks in the technology sector, highlighting Canadian Solar (CSIQ), United Microelectronics (UMC), Veeco Instruments (VECO), Vishay Intertechnology (VSH), and Immersion (IMMR). These companies have low P/E multiples, indicating potential undervaluation. However, recent earnings per share and dividend yield changes vary among these companies.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 2:41 pm

AMD is reportedly exploring alternatives to its production and partner foundries to reduce reliance on TSMC. CEO Lisa Su expressed openness to leveraging TSMC sites outside Taiwan and highlighted the significant opportunity in AI with GPUs. BofA analyst Vivek Arya cut his price target for AMD to $130 from $135, citing pressure from NVDA's full-stack AI platform on AMD data center GPU market share.

Portfolio Pulse from Anusuya Lahiri

July 21, 2023 | 3:14 pm

Shares of several semiconductor companies are trading lower in sympathy with Taiwan Semiconductor, which issued weak Q3 and 2023 guidance.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 5:33 pm

United Microelectronics Corporation (UMC) reported a year-on-year sales decline of 23.24% for June 2023. The company's unaudited net sales for the month amounted to NT$19,056,484, compared to NT$24,825,649 in June 2022.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 8:13 am

United Microelectronics (UMC) shares are trading lower without any company-specific news.

Portfolio Pulse from Bill Haddad

June 26, 2023 | 6:50 pm

12 IT stocks experienced significant price movements during Monday's pre-market session, with VirnetX Holding, Applied Digital, DatChat, Marin Software, Ondas Holdings, and My Size among the gainers, while SAI.TECH Global, Castellum, GSE Systems, MicroAlgo, Sigma Additive Solutions, and United Microelectronics were the losers.

Portfolio Pulse from Benzinga Insights

June 26, 2023 | 1:12 pm

United Microelectronics Corporation (UMC) reported a 23.1% YoY decline in net sales for May 2023, with revenues of NT$18,778,488 compared to NT$24,433,030 in May 2022.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 8:51 am

The article identifies five notable value stocks in the technology sector based on their low P/E multiples: United Microelectronics (UMC), Trio-Tech Intl (TRT), Arrow Electronics (ARW), Marketwise (MKTW), and Velo3D (VLD). The companies' recent earnings per share and dividend yields are also discussed.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 2:40 pm

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