United Microelectronics Corp

2303: XTAI (TWN)

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UMC Earnings: Shares Expensive Despite Stronger AI Outlook As Market Overestimates Pricing Power

Phelix Lee

Oct 30, 2026

United Microelectronics Corp projects its 2027 average selling price to grow 10% year on year, and 25% of 2029 revenue will be artificial intelligence-related. Fourth-quarter 2026 guidance is under 4% sequential shipment growth, flat ASP, and gross margin. Shares slid 10% in Taiwan on Thursday.

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United Microelectronics Corp

UMC Earnings: Shares Expensive Despite Stronger AI Outlook As Market Overestimates Pricing Power

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