On May 26, United Microelectronics (UMC) rose 14.93% in regular trading, trading at $20.92/share, with trading volume of $71.96 million.

On the news front, multiple catalysts converged to drive the sharp rally. The company previously reported Q1 net profit surging 108% year-over-year to NT$16.17 billion, significantly beating market expectations, with gross margin reaching 29.2% and capacity utilization improving to 79%. Mature process wafer pricing momentum remains firm, with Q1 average selling price up 8% YoY and Q2 prices expected to rise an additional 5%-7%, potentially pushing gross margin above 30%.

Additionally, a Taiwan Exchange filing revealed UMC acquired approximately NT$1.03 billion worth of machinery and equipment from Tokyo Electron for production purposes, signaling ongoing capacity expansion. The company also recently launched its 14nm eHV FinFET platform, delivering 40% power reduction and 35% chip area savings, further strengthening its competitive position in the foundry market.

(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.)