US stocks move differently | United Microelectronics pre-market rise nearly 3%, Q3 wafer shipments increase by 7.8% month-on-month, Morgan Stanley initiates coverage with a 'hold' rating.

Gelonghui Finance · Nov 1, 2024 01:51

Great Wall News on November 1st | The wafer foundry giant United Microelectronics (UMC.US) rose 2.78% in pre-market trading in the U.S. stock market. The stock had been falling continuously before, hitting a near one-year low yesterday. In terms of news, the third-quarter results announced recently showed revenue of 60.49 billion New Taiwan Dollars, a 6% year-on-year growth; net income attributable to the parent company was 14.47 billion New Taiwan Dollars, a 9.4% year-on-year decrease. Wafer shipments in the third quarter increased by 7.8% to 0.896 million pieces compared to the previous quarter, and it is expected that wafer shipments in the fourth quarter will remain stable. In addition, JPMorgan analyst Gokul Hariharan initiated coverage on United Microelectronics with a hold rating. (Orange News)

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美股异动丨联电盘前涨近3% Q3晶圆出货量环比升7.8% 小摩首予其“持有”评级

US stocks move differently | United Microelectronics pre-market rise nearly 3%, Q3 wafer shipments increase by 7.8% month-on-month, Morgan Stanley initiates coverage with a 'hold' rating.

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