United Microelectronics Corp

2303: XTAI (TWN)
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UMC Earnings: Maintaining Valuation as Heavier Capital Spending Offsets Revenue Upside From AI

Along with its second-quarter release, United Microelectronics Corp. guided third-quarter shipments to grow by a high-single-digit percentage sequentially and increased its 2026 capital expenditure budget by 33% to USD 2 billion. Shares popped 7% in Taiwan on July 30.

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