UMC Approves 3.2 Billion for Capacity Expansion
United Microelectronics Corp approved 3.2 billion dollars for capacity expansion and expects average selling prices to rise in 2027. The chipmaker also reported higher third-quarter revenue and net income.
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UNITED MICROELECTRONICS CORP approved $3.2B for capacity expansion on Wednesday, bolstering its manufacturing footprint in Taiwan. The capital expenditure plan positions the chipmaker to capture rising demand for specialized silicon technologies. Investors are closely monitoring how the foundry balances mature node investments against surging artificial intelligence requirements.
