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The settlement comes months after the Chinese government in May barred Microns chips from “critical infrastructure” over cybersecurity concerns.
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Desjardins Global Asset Management Inc. decreased its stake in United Microelectronics Co. (NYSE:UMC – Free Report) by 16.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,764 shares of the semiconductor company’s stock after selling 6,033 shares during the […]
Shares of United Microelectronics Co. (NYSE:UMC – Get Free Report) have received a consensus rating of “Hold” from the five analysts that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating on […]
United Microelectronics Co. (NYSE:UMC – Free Report) – Analysts at Wedbush reduced their FY2023 earnings estimates for shares of United Microelectronics in a research report issued to clients and investors on Wednesday, October 25th. Wedbush analyst M. Bryson now anticipates that the semiconductor company will post earnings of $0.75 per share for the year, down […]