United Microelectronics Corp

2303: XTAI (TWN)
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UMC Earnings: Revenue Visiblity of AI Products Rapidly Improves; Valuation to TWD 81 From TWD 70

United Microelectronics guided for second-quarter shipments to grow by a high-single-digit percentage sequentially, the strongest in over six years, and confirmed price increases for orders placed from July 1. It unveiled a buyback scheme. Shares popped 9% in early US trading.

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