On June 18, United Microelectronics rose 3.58% overnight, trading at $22.44/share, with turnover of $426,700, extending its intraday rebound momentum.
On the news front, the broader semiconductor sector staged a recovery, with Micron Technology up 3.73%, Marvell Technology up 2.48%, Advanced Micro Devices up 2.41%, and Broadcom up 2.32%, as improving sector sentiment drove capital inflows back into chip names. On the fundamental side, UMC's embedded Deep Trench Capacitor (DTC) technology has successfully entered Qualcomm's supply chain with shipments already underway, marking a significant milestone in advanced packaging. This development is compounded by Q1 net profit surging 108% year-over-year to NT$16.17 billion and management's confirmation of selective price hikes of approximately 10% in the second half, reinforcing earnings growth expectations. The stock had previously pulled back over 15% on elevated valuation concerns, and these multiple positive catalysts are now attracting sustained capital replenishment.
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