On September 9, Guolonghui | United Microelectronics (UMC.US) rose 1.09% in pre-market trading to $8.37. On the news front, UMC's August revenue was 20.65 billion New Taiwan dollars, an 8.94% year-on-year increase. Total revenue reached 152.97 billion New Taiwan dollars so far this year, up 3% year-on-year. SEMI's senior director of industry research, Zeng Ruiyu, pointed out that the global semiconductor equipment market is expected to grow by a modest 3% to $109.5 billion this year, driven by advancements in advanced logic chips and testing in the next year, the market is expected to grow by 16% to $127.5 billion. The capacity utilization rate of wafer fabs hit bottom in the first quarter of this year, gradually recovering in the second quarter, and is expected to reach 70% in the third quarter and further recovery in the fourth quarter.
美股异动丨联电盘前涨超1% 8月营收同比增近9%
US stocks unusual movement | United Microelectronics' pre-market rise exceeds 1%, August revenue increases nearly 9% year-on-year
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