UMC stock price jumps again in Taiwan as 8-inch chip price-hike bets build ahead of Jan 28 results
United Microelectronics shares rose 3.36% to NT$64.6 in early Taipei trading Tuesday, after a 6.84% jump Monday. Traders cited tightening supply for 8-inch wafers and possible price hikes. UMC’s fourth-quarter results are due Jan. 28, with investors watching for updates on utilization and pricing.