On August 7, United Microelectronics declined 5.05% overnight, trading at 18.25 USD/share, with turnover of $4.33 million.

On the news front, the company reported July consolidated net sales of NT$23.84 billion, up 18.98% year-over-year, while cumulative January-to-July revenue reached NT$153.62 billion, representing 12.41% annual growth. The results reflect continued improvement in mature-node order momentum, driven by demand recovery in power management ICs, sensors, and AI peripheral chips.

However, despite the solid revenue trajectory, the stock continues to face heavy profit-taking pressure following a prior surge of over 140%. Analyst consensus rating remains at Strong Sell with a target price of just $8.60, significantly below the current trading level. Additionally, the CFO sold 1.9 million shares on July 13, reinforcing bearish sentiment. These factors have continued to suppress the stock even as fundamentals demonstrate growth, with the prior session's 5.38% decline extending into the current session.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)