On September 8, United Microelectronics rose 8.38% overnight, trading at $22.72/share, with turnover of $331,200.

The rally was driven by United Microelectronics' recently released unaudited August revenue data. The company reported net sales of NT$25.045 billion for August, representing a 30.71% year-over-year increase compared to NT$19.16 billion in the same period last year. Notably, the growth rate accelerated significantly from July's 19% YoY gain. On a cumulative basis, net sales for the first eight months reached NT$178.659 billion, up 14.66% compared to NT$155.816 billion in the prior-year period.

The revenue acceleration reflects continued improvement in mature-node order momentum, with demand recovery in power management ICs, sensors, and AI peripheral chips supporting shipment volumes. Additionally, the company's collaboration with Intel on 12nm process development and growing photonic integrated circuit (PIC) business have attracted institutional attention. Earlier, Yuanta Securities upgraded United Microelectronics to Buy with a price target of NT$125, while the board approved up to $1.8 billion in convertible bond issuance to fund equipment purchases and facility construction for capacity expansion.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)