UMC Beats Estimates with Strong Q3 Revenue Growth, But Future Uncertain Amid Geopolitical Tensions

Taiwan’s United Microelectronics Corp (UMC) reported a 6% year-on-year revenue increase in the third quarter, exceeding analyst expectations. The company sees demand stabilizing and inventory levels decreasing, but faces potential challenges from geopolitical tensions and a declining gross margin. UMC’s stock performance has been volatile, impacted by analyst downgrades and Donald Trump’s recent comments.

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