Trump Could Make Surprising Tech Announcement Any Day

Elon Musk is heavily invested in a cutting-edge new technology. In fact, Musk has turned the new president on to this breakthrough. And President Trump could make an announcement any day that could spike the price of stocks in this sector.

What's Going On With United Microelectronics Stock Today?

Nabaparna Bhattacharya
March 06, 2025

United Microelectronics Corporation (NYSE:UMC) shares are trading lower in the premarket session on Thursday.

The company reported February sales of NT$18.193B, up 4.25% year over year. January-February combined net sales were NT$38B, up 4.21% year over year.

According to Benzinga Pro, UMC stock has lost over 14% in the past year. Investors can gain exposure to the stock via National Security Emerging Markets Index ETF (NASDAQ:NSI) and SP Funds Trust SP Funds S&P Global Technology ETF (NYSE:SPTE).

In a press release dated January 21, United Microelectronics co-President Jason Wang said he finds the semiconductor market poised for another year of growth, driven by strong demand for AI servers as well as increasing semiconductor content in smartphones, PCs, and other electronic devices.

Also Read: Dine Brands Q4 Earnings: Sales Dip, EPS Miss, Negative Comps For Applebee’s, IHOP And More

United Microelectronics continues investing in technological innovation and expanding its advanced packaging offering.

The 22/28nm portfolio remained the most significant contributor, with revenue augmenting by 15% in 2024. Tape-outs for 22nm products are accelerating, and Wang expects to see higher revenue contributions from 2025 onwards.

In its fourth-quarter report, United Microelectronics said it expects first-quarter wafer shipments to remain flat and ASP in USD to decrease by mid-single-digit percentage quarter-over-quarter.

It also expects capacity utilization to be in the 70% range. United Microelectronics expects a cash-based 2025 capex of $1.8 billion.

Price Action: UMC shares are trading lower by 2.65% to $6.62 premarket at last check Thursday.

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