Page 5 - United Microelectronics News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Zweig DiMenna Associates LLC lowered its stake in United Microelectronics Co. (NYSE:UMC – Free Report) by 93.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 44,000 shares of the semiconductor company’s stock after selling 631,771 shares during the period. Zweig […]

The technology sector experienced significant growth in 2023 after a disastrous preceding year.

Taiwan Semiconductor Manufacturing Co, the leading producer of advanced chips for Apple Inc and Nvidia Corp, said it would resume production less than 24 hours after evacuating staff and halting operations. The company said there has been no damage to its most critical chip-making equipment.

TSMC and other chipmakers are now pausing operations to investigate the Taiwan 7.4 magnitude earthquake's effects.

The technological expertise that turned Taiwan into a semiconductor powerhouse appears to have kept damage and casualties relatively low from its worst quake in a quarter of a century, according to an academic who worked on the island’s disaster response.