UMC Stock Recent News

The market moves in mysterious ways, and sometimes, it seems to go against all logic. Witness the case of United Microelectronics Corporation ( UMC , Financial), which has steadily grown its earnings per share without non-recurring items while the share price took a dive.

Although the concept of millionaire-maker stocks will always attract attention, at the moment, investors must realize the rules have changed. Fundamentally, the Federal Reserve remains committed to attacking the inflation crisis through hiking the benchmark interest rate.

Chipmaker from Taiwan, UMC, has cut CapEx as it worries about a global economic recession, lead by energy insecurity, the war in Ukraine, and inflation.

United Microelectronics Corporation (NYSE:UMC ) Q4 2018 Results Conference Call October 26, 2022 5:00 AM ET Company Participants Michael Lin - Head, IR Jason Wang - President Chi-Tung Liu - CFO Conference Call Participants Randy Abrams - Credit Suisse Gokul Hariharan - JP Morgan Laura Chen - Citigroup Sunny Lin - UBS Bruce Lu - Goldman Sachs Szeho Ng - China Renaissance Charlie Chan - Morgan Stanley Operator Welcome everyone to UMC's 2022 Third Quarter Earnings Conference Call. [Operator Instructions] For your information this conference call is now being broadcasted live over the Internet.

Taiwanese chipmaker United Microelectronics Corp (UMC) has cut this year's planned capital expenditure by almost a fifth, it said on Wednesday, citing weakening consumer demand without signs of recovery.

Since the start of August, the world has been wondering if China will invade Taiwan. While no specific hostile military action has been taken by either nation, China has been rattling its saber.

United Microelectronics Corporation (NYSE:UMC ) Q2 2022 Earnings Conference Call July 27, 2022 5:00 AM ET Company Participants Michael Lin - Head of Investor Relations Jason Wang - President Qi Dong Liu - Chief Financial Officer Conference Call Participants Randy Abrams - Credit Suisse Brett Simpson - Arete Research Laura Chen - Citigroup Szeho Ng - China Renaissance Sunny Lin - UBS Charlie Chan - Morgan Stanley Gokul Hariharan - JPMorgan Frank Lee - HSBC Operator Welcome everyone to UMC's 2022 Second Quarter Earnings Conference Call. All lines have been placed on mute to prevent background noise.

In the latest trading session, United Microelectronics Corporation (UMC) closed at $7.98, marking no change from the previous day.

We built on our previous analysis of UMC by examining its revenue exposure by end markets and projected its demand growth through 2026. Furthermore, we projected the company's capacity growth following its announcement of its Singapore expansion and projected a higher CAGR of 2.8%.

There are some investors who believe growth is important, but do not want to pay too much for it. As a result, they are looking for stocks in which growth and value are working together, laying a strong foundation for an investment they hope will be successful.