United Microelectronics 주식 (NYSE: UMC)

United Microelectronics (NYSE:UMC) 주식

United Microelectronics

Founded in 1980, United Microelectronics is the world's third-largest dedicated chip foundry, with 5% market share in 2024 after TSMC and SMIC. UMC's headquarters are in Hsinchu, Taiwan, and it operates 12 fabs in Taiwan, Mainland China, Japan and Singapore, with additional sales offices in Europe, the us, and South Korea. UMC features a diverse customer base that includes Texas Instruments, MediaTek, Qualcomm, Broadcom, Xilinx, and Realtek, supplying a wide range of products applied in communications, display, memory, automotive and more. UMC employs about 20,000 people.

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대만 반도체 제조(NYSE:TSM)의 전 임원이 인텔(NASDAQ:INTC)이 따라잡기에는 너무 멀리 뒤쳐져 있으며, 세계 최고의 반도체 파운드리와 경쟁하려고 하기보다 성숙한 프로세스 칩에 집중해야 한다고 말했다.

인텔은 TSMC의 최첨단 칩과 경쟁을 그만두고 성숙한 노드 거인들과 합병 추구해야: 전 TSMC COO

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이들 13개 대형주는 지난 주 최악의 성과를 거두었다. 그것들이 당신의 포트폴리오에 있나요? 1. FTAI 애비에이션(NASDAQ:FTAI)의 주식은 회사가 2024 회계연도 10-K 보고서 제출을 지연할 수 있다고 발표한 후 26.18% 급락했다.

일렉트로닉 아츠, 리비안 및 월그린스 등 지난주 하락한 13개의 대형주 (1월 20일-1월 24일)

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바이킹 펀드 매니지먼트(Viking Fund Management)의 최근 13F 공시를 보면, 2024년 대선을 앞두고 일부 석유 기업 주식을 매도하는 등 3분기에 어떤 회사를 사고 팔았는지 확인할 수 있다. 13F 공시를 통해 보고한 포지션은 다음과 같다.

바이킹 펀드: 3분기에 대형 석유주 매각, 테슬라 포지션 절반으로 축소, 브로드컴 추가 매입

United Microelectronics Corporation (NEW) Common Stock

United Microelectronics Corp

UMC Inc

GlobalFoundries Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GFS#NASDAQ">GFS</a>)&nbsp;is considering a <a target="_blank" href="https://www.benzinga.com/topic/chip-stocks" rel="noreferrer noopener">potential merger with</a> Taiwanese chipmaker&nbsp;United Microelectronics Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>).
GlobalFoundries&#8217; incoming CEO Tim Breen has been open to considering deal options, including a possible tie-up with UMC, Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2025-03-31/globalfoundries-is-said-to-explore-merger-with-taiwan-s-umc?srnd=phx-technology&amp;sref=TBDibEcD" rel="noreferrer noopener">reported</a>, citing unnamed sources familiar with the matter.
The U.S. chipmaker has a market value of ~$20 billion, while the Taiwanese firm is worth ~$17 billion.
Also Read: <a target="_blank" href="https://www.benzinga.com/media/25/01/42981814/apple-and-nvidia-supplier-taiwan-semiconductor-leads-semiconductor-market-with-64-share" rel="noreferrer noopener">Apple And Nvidia Supplier Taiwan Semiconductor Leads Semiconductor Market with 64% Share</a>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="377" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/01093601/image-13-1024x377.png" alt="" class="wp-image-851248" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/01093601/image-13-1024x377.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/01093601/image-13-300x110.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/01093601/image-13-768x282.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/01093601/image-13-1536x565.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/01093601/image-13.png 1797w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
The merged company would prioritize research and development investments in the U.S. and could emerge as a viable alternative to Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), Reuters reports. The potential deal coincided with the U.S.&#8217; efforts to boost its semiconductor supply chain amid rising geopolitical tensions.
A transaction of this nature would presumably require the approval of Chinese regulators, implying a significant hurdle, Bloomberg analysts&nbsp;Charles Shum&nbsp;and&nbsp;Steven Tseng&nbsp;stated&nbsp;on Monday.
GlobalFoundries reported a fiscal fourth-quarter 2024 revenue decline of 1% to $1.830 billion, beating the&nbsp;analyst consensus estimate of $1.829 billion. The contract chipmaker&#8217;s adjusted EPS of 46 cents beat the&nbsp;analyst consensus estimate of 44 cents.&nbsp;
GlobalFoundries expects first-quarter revenue of $1.55 billion-$1.60 billion versus the&nbsp;$1.66 billion estimate. The company expects adjusted EPS of $0.24-$0.34 versus&nbsp;the&nbsp;$0.32 estimate.
As of December 31, 2024, GlobalFoundries held $4.2 billion in <a target="_blank" href="https://www.benzinga.com/25/02/43623967/globalfoundries-beats-q4-estimates-margins-shrink-935-million-impairment-charge" rel="noreferrer noopener">cash and equivalents</a>.
UMC reported a&nbsp;<a target="_blank" href="https://www.benzinga.com/25/01/43095433/umc-q4-earnings-topline-rises-99-driven-by-ai-and-smartphones-projects-flat-q1-shipments" rel="noreferrer noopener">fourth-quarter revenue</a> growth of 9.9% to&nbsp;$1.84 billion (NT$60.39 billion). Earnings per ADS of 10 cents missed the&nbsp;analyst consensus estimate of 15 cents. The company missed the&nbsp;analyst consensus estimate of $1.87 billion.&nbsp;
Price Actions:&nbsp;UMC stock is down 2.17% to $6.99 at the last check on Tuesday.
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GlobalFoundries Explores Merger With Taiwan's UMC To Strengthen US Semiconductor Industry

<h3>Gainers</h3>
<ul>
<li>MicroAlgo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLGO#NASDAQ">MLGO</a>) shares increased by 47.8% to $25.65 during Monday's regular session. The company's market cap stands at $255.7 million. </li>
<li>Foxx Development Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXX#NASDAQ">FOXX</a>) shares rose 24.77% to $5.44. The market value of their outstanding shares is at $39.6 million. </li>
<li>BK Technologies (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/BKTI#AMEX">BKTI</a>) shares rose 19.25% to $42.93. The market value of their outstanding shares is at $152.9 million. As per the press release, Q4 earnings came out 2 days ago. </li>
<li>Wolfspeed (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>) stock rose 10.61% to $2.87. The company's market cap stands at $445.7 million. </li>
<li>United Microelectronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>) shares increased by 10.45% to $7.24. The market value of their outstanding shares is at $18.1 billion. </li>
<li>Roadzen (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RDZN#NASDAQ">RDZN</a>) shares rose 9.79% to $1.06. The market value of their outstanding shares is at $78.6 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>AuthID (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUID#NASDAQ">AUID</a>) stock decreased by 27.5% to $4.7 during Monday's regular session. The market value of their outstanding shares is at $51.3 million. </li>
<li>Blaize Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BZAI#NASDAQ">BZAI</a>) stock declined by 23.22% to $1.77. The market value of their outstanding shares is at $179.9 million. The company's, Q4 earnings came out 2 days ago. </li>
<li>Soluna Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLNH#NASDAQ">SLNH</a>) shares fell 23.0% to $0.69. The company's market cap stands at $7.3 million. </li>
<li>Digital Ally (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DGLY#NASDAQ">DGLY</a>) shares fell 22.21% to $0.03. </li>
<li>My Size (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYSZ#NASDAQ">MYSZ</a>) shares fell 16.2% to $1.5. The company's market cap stands at $1.8 million. </li>
<li>Maris Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTEK#NASDAQ">MTEK</a>) stock declined by 14.35% to $2.21. The market value of their outstanding shares is at $17.4 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Monday's Intraday Session

U.S. stocks were mixed, with the Nasdaq Composite falling over 1% on Monday.
Shares of Mr. Cooper Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COOP#NASDAQ">COOP</a>) rose sharply during Monday's session after the company announced it will be acquired by Rocket Companies in a $9.4 billion <a href="https://www.benzinga.com/quote/COOP">all-stock deal</a>.
Mr. Cooper Group shares jumped 16.3% to $ 121.54 on Monday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Corcept Therapeutics Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CORT#NASDAQ">CORT</a>) shares jumped 84.7% to $100.95 after the company announced it met its primary endpoint for its Phase 3 ROSELLA trial of Relacorilant.</li>
<li>United Microelectronics Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>) shares rose 12.6% to $7.38.</li>
<li>Gorilla Technology Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRRR#NASDAQ">GRRR</a>) gained 12.6% to $28.20.</li>
<li>Southern States Bancshares, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSBK#NASDAQ">SSBK</a>) rose 10.2% to $35.79 after FB Financial announced it will acquire the company in a $381 million merger deal.</li>
<li>B&amp;G Foods, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BGS#NYSE">BGS</a>) jumped 9.6% to $7.05.</li>
<li>Park Ha Biological Technology Co., Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHH#NASDAQ">PHH</a>) gained 9.5% to $14.00.</li>
<li>Cryoport, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYRX#NASDAQ">CYRX</a>) gained 8.8% to $6.63 after DHL Group announced it will acquire its CRYOPDP business for $138 million.</li>
<li>Celsius Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CELH#NASDAQ">CELH</a>) rose 8.2% to $36.42.</li>
<li>Nexxen International Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEXN#NASDAQ">NEXN</a>) gained 7.6% to $8.20.</li>
<li>Navitas Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVTS#NASDAQ">NVTS</a>) rose 6.8% to $1.9550.</li>
<li>Discover Financial Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFS#NYSE">DFS</a>) shares gained 5.4% to $167.34. Discover Financial Services will report its first quarter 2025 results after the market closes on Wednesday, April 23.</li>
<li>The Goodyear Tire &amp; Rubber Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GT#NASDAQ">GT</a>) gained 4% to $9.14. Deutsche Bank analyst Edison Yu upgraded Goodyear Tire &amp; Rubber from Hold to Buy and announced a $13 price target.</li>
</ul>
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Intraday Update

Markets

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Mr. Cooper Group, Southern States Bancshares, Corcept Therapeutics And Other Big Stocks Moving Higher On Monday

A former executive at Taiwan Semiconductor Manufacturing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) said Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) is too far behind to catch up—and should focus on mature process chips instead of trying to rival the world's top chip foundry.
What Happened: At a book launch event in Taiwan earlier this week, Chiang Shang-Yi, TSMC's former co-chief operating officer, delivered a blunt assessment of Intel's current position in the chip industry, <a href="https://udn.com/news/story/7240/8637258">reported</a> China's United Daily News.
Chiang, who played a critical role in building TSMC into a global semiconductor powerhouse, said Intel was once the "king" of the industry—but is now a "nobody."
He warned that Intel's efforts to compete with TSMC in advanced chip manufacturing, such as the 2-nanometer node, are futile, and urged the company to consider acquiring or merging with companies that specialize in mature manufacturing processes.
See Also:&nbsp;<a href="https://www.benzinga.com/media/25/03/44508019/tesla-and-other-us-robotics-giants-demand-federal-strategy-to-compete-with-chinas-138-billion-push-warn-america-will-lose-the-race-without-it" target="_blank" rel="noreferrer noopener">Tesla And Other US Robotics Giants Demand Federal Strategy To Compete With China&#8217;s $138 Billion Push — Warn America Will Lose The Race Without It</a>
"Intel should merge with a mature process chipmaker," he said, without naming specific targets.
However, he alluded to two potential candidates that industry watchers believe could be Taiwan's United Microelectronics Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>) or U.S.-based GlobalFoundries Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GFS#NASDAQ">GFS</a>), both of which produce chips using older, more stable technologies at scale.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It's Important: Chiang's comments come as <a href="https://www.benzinga.com/tech/25/03/44532562/intel-board-shake-up-continues-as-three-directors-exit-amid-leadership-overhaul-under-ceo-lip-bu-tan">Intel undergoes a major turnaround</a> under new CEO Lip-Bu Tan, with a focus on achieving manufacturing parity with TSMC and building out its foundry business.
The company is racing to commercialize its 18A process technology and secure contracts <a href="https://in.benzinga.com/25/03/44469986/intel-targets-major-foundry-clients-in-new-strategy-to-revitalize-chip-design-says-ubs">from major clients like</a> Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>).
Earlier, it was reported that Intel&#8217;s <a href="https://www.benzinga.com/25/03/44532855/intels-superfluid-cooling-tech-possibly-suitable-for-nvidias-gb300-chips-says-expert-amid-intcs-efforts-to-secure-commitments-for-foundry-services">SuperFluid cooling technology</a> is gaining attention for its potential application in Nvidia&#8217;s AI servers.
Price Action: Intel&#8217;s shares closed at $22.71 on Friday, reflecting a 3.85% decline. In after-hours trading, the stock dipped an additional 0.44%. Year to date, Intel has risen 12.31%, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Benzinga's Edge Rankings give Intel (INTC) a 3.11% growth rating. Want to see how it compares to TSMC and other companies? <a href="https://www.benzinga.com/quote/INTC">Click here for the full breakdown</a>.
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Intel Should Stop Competing With TSMC's Cutting-Edge Chips And Merge With Mature Node Giants, Says TSMC Veteran Chiang Shang-Yi

Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) is experiencing profound strategic shifts under the guidance of its new CEO, Lip-Bu Tan. As the company reorganizes its executive ranks and streamlines its chip manufacturing focus, investors looking for exposure to Intel shares might find ETFs an attractive way to take advantage of these changes. Three <a href="https://www.benzinga.com/etfs">ETFs with significant Intel stock holdings</a> that could gain from the company&#8217;s shift are outlined below.
iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>)
The iShares Semiconductor ETF is among the most widely held ETFs to track the semiconductor sector, with a high concentration in top chipmakers such as Intel. Based on its most recent holdings, Intel accounts for a decent percentage of the fund&#8217;s assets, making SOXX an excellent vehicle for investors who are optimistic about Intel&#8217;s foundry growth and cooling technology innovations.
Intel&#8217;s <a href="https://www.benzinga.com/25/03/44532855/intels-superfluid-cooling-tech-possibly-suitable-for-nvidias-gb300-chips-says-expert-amid-intcs-efforts-to-secure-commitments-for-foundry-services">SuperFluid cooling technology has drawn attention</a> for possible applications in Nvidia&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) Blackwell Ultra GB300 AI chips, indicating a vital spot in the AI-fueled semiconductor space. If Intel manages to make Nvidia a foundry customer, SOXX might experience additional growth fueled by Intel&#8217;s strategic shift.
VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>)
VanEck Semiconductor ETF offers focused exposure to semiconductor leaders, including shares of Intel. The fund is a good choice for investors who want to ride the tide of Intel&#8217;s foundry plans and next-generation packaging technologies that will challenge Taiwan Semiconductor Manufacturing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>).
Intel is accelerating its 18A process node and securing United Microelectronics Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>) for late 2026 production collaborations. This may cause SMH investors to eventually realize an upside if the moves win over heavy-duty tech customers such as Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>).
SPDR S&amp;P Semiconductor ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XSD#NYSE">XSD</a>)
The SPDR S&amp;P Semiconductor ETF has a similar equal-weighted strategy to semiconductor stocks, with broad-based sector exposure without compromising on its holdings of Intel stock. Investors get a chance to bet on Intel&#8217;s turnaround while hedging single-stock risk, via this ETF.
Intel&#8217;s leadership restructuring, with <a href="https://www.benzinga.com/tech/25/03/44532562/intel-board-shake-up-continues-as-three-directors-exit-amid-leadership-overhaul-under-ceo-lip-bu-tan">three members stepping down</a>, indicates that the company is leaning more toward <a href="https://www.benzinga.com/25/03/44355124/intels-new-ceo-charts-bold-revival-plan-warns-of-tough-decisions-ahead-reports">Tan&#8217;s vision of maximizing chip design</a> and manufacturing. ETFs like XSD could benefit from Intel&#8217;s potential recovery in the semiconductor space.
See Next: 
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<li><a href="https://www.benzinga.com/25/03/44541164/vanguard-expands-fixed-income-offerings-with-global-government-bond-ucits-etf">Vanguard Launches Global Government Bond ETF, Expanding Fixed-Income Options For European Investors</a></li>
</ul>
Photo: Shutterstock

Sector ETFs

ETFs

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

Big Moves At Intel: These 3 ETFs Stand To Benefit

Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) SuperFluid cooling tech could be useful for Nvidia Corp.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) Blackwell Ultra GB300 chips, which were launched during its GTC conference.
What Happened: Team Blue&#8217;s SuperFluid, launched in 2023, is positioned to capture a significant share of the burgeoning cooling market for Nvidia&#8217;s upcoming AI servers.
According to Beth Kindig, a tech analyst at I/O Fund, Intel&#8217;s SuperFluid liquid cooling technology has reportedly undergone verification testing demonstrating its ability to manage thermal dissipation of up to 1,500 watts.
This performance benchmark suggests that SuperFluid could be a viable cooling solution for Nvidia&#8217;s GB300 AI processor, which is anticipated to consume up to 1,400 watts of power.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Intel's <a href="https://twitter.com/search?q=%24INTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$INTC</a> SuperFluid cooling tech is said to have been verified to address thermal challenges of up to 1,500W in AI chips, making the tech possibly suitable for Nvidia's <a href="https://twitter.com/search?q=%24NVDA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$NVDA</a> GB300, which consumes up to 1,400W. <a href="https://twitter.com/search?q=%24AMD&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$AMD</a> <a href="https://twitter.com/search?q=%24DELL&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DELL</a> <a href="https://twitter.com/search?q=%24SMCI&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SMCI</a> <a href="https://twitter.com/search?q=%24VRT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$VRT</a>
&mdash; Beth Kindig (@Beth_Kindig) <a href="https://twitter.com/Beth_Kindig/status/1905344543198675163?ref_src=twsrc%5Etfw">March 27, 2025</a></blockquote>
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At its GTC conference on March 18th, Nvidia unveiled its next-generation AI GPUs, outlining a timeline for their release: the Blackwell Ultra GB300, scheduled for the second half of this year; the Vera Rubin, expected in the latter half of next year; and the Rubin Ultra, targeted for the second half of 2027.
See Also: <a href="https://www.benzinga.com/general/market-summary/25/03/44511612/gamestop-follows-mstrs-footsteps-why-will-investors-buy-convertible-notes-with-no-interest">GameStop Follows MSTR&#8217;s Footsteps: Why Will Investors Buy Convertible Notes With No Interest?</a>
Why It Matters: Apart from its SuperFluid cooling tech, Intel is also reportedly undertaking a strategic overhaul of its chip design and expanding its foundry services, aiming to attract Nvidia and Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) as clients.
UBS analyst Timothy Arcuri <a href="https://www.benzinga.com/25/03/44469986/intel-targets-major-foundry-clients-in-new-strategy-to-revitalize-chip-design-says-ubs">predicts Intel&#8217;s</a> new CEO, Lip-Bu Tan, will focus on design and foundry, with Intel potentially securing Nvidia as a foundry client for gaming chips, despite power concerns. 
Arcuri also reports Intel is advancing its 18A process and aiming to challenge Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) with packaging innovations.
Intel&#8217;s partnership with United Microelectronics Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>), targeting late 2026 production, could position them as a second high-voltage FinFET supplier after TSMC, potentially attracting Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>).
Price Action: INTC rose 0.85% on Thursday, and it was down 0.38% in premarket on Friday. The stock has risen 16.82% on a year-to-date basis, whereas it is 46.52% lower over the year.
Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), tracking the Nasdaq 100 index, was down 0.21% at $480.62 in premarket trade.
Benzinga's Edge Rankings indicate a poor price trend in the short and medium term. While the stock's value ranking is strong, ranking in the 71.24th percentile, it had weak growth and momentum rankings, the details for which are<a href="https://www.benzinga.com/report/INTC"> available here.</a>
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/report/INTC"><img loading="lazy" decoding="async" width="799" height="136" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/28061554/INTC-Edge.png" alt="" class="wp-image-846571" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/28061554/INTC-Edge.png 799w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/28061554/INTC-Edge-300x51.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/28061554/INTC-Edge-768x131.png 768w" sizes="(max-width: 799px) 100vw, 799px" /></a></figure>
Its consensus price target was $26.12, with a ‘sell' rating, based on the <a href="https://www.benzinga.com/quote/INTC/analyst-ratings">32 analysts tracked by Benzinga</a>. The price targets ranged from a low of $20 to a high of $40. The latest ratings from BofA Securities, Cantor Fitzgerald, and JP Morgan averaged $25.67, implying a 9.13% upside.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/INTC/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="386" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/28061531/INTC-ANR-1024x386.png" alt="" class="wp-image-846570" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/28061531/INTC-ANR-1024x386.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/28061531/INTC-ANR-300x113.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/28061531/INTC-ANR-768x290.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/28061531/INTC-ANR.png 1060w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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</ul>
Photo courtesy: Shutterstock

Equities

Market Summary

Analyst Ratings

AAPL

Intel's SuperFluid Cooling Tech 'Possibly Suitable For Nvidia's GB300' Chips, Says Expert Amid INTC's Efforts To Secure Commitments For Foundry Services

Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) is reportedly strategizing to rejuvenate its chip design and broaden its foundry business, with the potential of securing significant clients such as Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>).
What Happened: UBS analyst Timothy Arcuri believes Intel&#8217;s new CEO, Lip-Bu Tan, will prioritize the company&#8217;s design and foundry capabilities in the immediate plan. Arcuri further stated that Intel is on the verge of securing commitments from Nvidia or Broadcom to utilize its foundry services, while also progressing its 18A manufacturing process, <a href="https://seekingalpha.com/news/4424421-intel-ceos-plan-may-focus-on-design-getting-nvidia-broadcom-as-foundry-customers-ubs">reported</a> Seeking Alpha.
Arcuri stated that Nvidia seems more likely than Broadcom to adopt Intel&#8217;s foundry technology, possibly for gaming applications, though power consumption remains a significant concern. 
Intel is also said to be planning to compete more aggressively with Taiwan Semiconductor Manufacturing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>)&nbsp;enhancing its packaging innovations.&nbsp;The company&#8217;s partnership with United Microelectronics Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>) is progressing well, with production expected to start in late 2026. This could establish them as a secondary high-voltage FinFET supplier after TSMC and potentially lead to future collaborations with Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>).
Arcuri stated that further details on Intel&#8217;s foundry developments will be revealed at the upcoming Direct Connect event on April 29.
SEE ALSO: <a href="https://www.benzinga.com/markets/equities/25/03/44469010/gordon-johnson-defends-tesla-short-thesis-as-margins-shrink-discounts-rise-jim-chanos-notes-35-ytd-drop-in-san-diego-county-sales">Gordon Johnson Defends Tesla Short Thesis As Margins Shrink, Discounts Rise: Jim Chanos Notes 35% YTD Drop In San Diego County Sales</a>
Why It Matters: The strategic shift comes in the wake of a leadership change at Intel. The company&#8217;s stock rallied following the announcement of <a href="https://www.benzinga.com/content/44434095/intel-stock-rallies-on-leadership-change-time-to-buy-or-wait">its new CEO</a>, with shares increasing by approximately 25%. In his first statement after being chosen as the new CEO, Tan pointed towards an overhaul plan including cost-cutting measures, a restructuring of management and a renewed focus on AI chip production.&nbsp;
He has openly criticized former CEO Pat Gelsinger's approach, especially in manufacturing and decision-making. One of Tan's main priorities is overhauling Intel Foundry, which supplies chips to companies like Microsoft and Amazon. He is also expected to revive AI initiatives beyond servers, focusing on software, robotics, and AI foundation models.
Meanwhile, the new Intel CEO is all set to deliver an opening keynote at Intel Vision 2025 on March 31 in Las Vegas wherein he is scheduled to address how the company aims to empower innovative solutions and accelerate business success in the AI era.
Intel stock climbed 5.35% over the past month. It closed 0.16% lower on Monday at $24.22.
Intel holds a momentum rating of 27.89% and a growth rating of 3.76%, according to&nbsp;<a href="https://www.benzinga.com/report/INTC" target="_blank" rel="noreferrer noopener">Benzinga's Proprietary Edge Rankings</a>. The Benzinga Growth metric evaluates a stock&#8217;s historical earnings and revenue expansion across multiple timeframes, prioritizing both long-term trends and recent performance. For an in-depth report on more stocks and insights into growth opportunities,&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">sign</a>&nbsp;<a href="https://www.benzinga.com/screener/top-momentum-stocks" target="_blank" rel="noreferrer noopener">up for Benzinga Edge.</a>
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="457" height="281" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/25061148/Screenshot-2025-03-25-154126.png" alt="" class="wp-image-840121" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/25061148/Screenshot-2025-03-25-154126.png 457w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/25061148/Screenshot-2025-03-25-154126-300x184.png 300w" sizes="(max-width: 457px) 100vw, 457px" /></figure>
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Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Short Sellers

Intel Targets Nvidia, Broadcom With Renewed Chip Design And Foundry Push, Says UBS

WIIM

AMAT

ASML

ENTG

KLAC

LRCX

MKSI

MPWR

NXPI

QCOM

SMTC

SWKS

Shares of semiconductor and chip stocks are trading higher. The sector may be gaining amid an overall market rebound after experiencing recent weakness due to tariff uncertainty.

United Microelectronics Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>) shares are trading lower in the <a target="_blank" href="https://www.benzinga.com/pressreleases/25/03/b44160040/umc-reports-sales-for-february-2025" rel="noreferrer noopener">premarket session on Thursday.</a>
The company reported February sales of NT$18.193B, up 4.25% year over year. January-February combined net sales were NT$38B, up 4.21% year over year.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, UMC stock has lost over 14% in the past year. Investors can gain exposure to the stock via National Security Emerging Markets Index ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NSI#NASDAQ">NSI</a>) and&nbsp;SP Funds Trust SP Funds S&amp;P Global Technology ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPTE#NYSE">SPTE</a>).
In a press release dated January 21, United Microelectronics co-President Jason Wang said he finds the semiconductor market poised for another year of growth, driven by strong demand for AI servers as well as increasing semiconductor content in smartphones,<a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/b43091628/umc-reports-fourth-quarter-2024-results" rel="noreferrer noopener"> PCs, and other electronic devices.</a>
Also Read: <a target="_blank" href="https://www.benzinga.com/25/03/44145025/dine-brands-q4-earnings-beat-estimates-sales-dip-on-lower-franchise-revenues" rel="noreferrer noopener">Dine Brands Q4 Earnings: Sales Dip, EPS Miss, Negative Comps For Applebee&#8217;s, IHOP And More</a>
United Microelectronics continues investing in technological innovation and expanding its advanced packaging offering.
The 22/28nm portfolio remained the most significant contributor, with revenue augmenting&nbsp;by 15%&nbsp;in 2024. Tape-outs for 22nm products are accelerating, and Wang expects to see higher revenue contributions from 2025 onwards.
In its fourth-quarter report, United Microelectronics&nbsp;said it <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">expects first-quarter</a> wafer shipments to remain flat and ASP in USD to decrease by mid-single-digit&nbsp;percentage quarter-over-quarter.
It also expects capacity utilization to be in the 70% range. United Microelectronics expects a cash-based&nbsp;2025 capex of $1.8 billion.
Price Action: UMC shares are trading lower by 2.65% to $6.62 premarket at last check Thursday.
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</ul>
Image via Shutterstock.

General

SP Funds Trust SP Funds S&P Global Technology ETF

SPTE

What's Going On With United Microelectronics Stock Today?

United Microelectronics Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>, TWSE: 2303))) ("UMC"), today reported unaudited net sales for the month of February 2025.
Revenues for February 2025
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">Period</td>
<td colspan="1" rowspan="1">2025</td>
<td colspan="1" rowspan="1">2024</td>
<td colspan="1" rowspan="1">Y/Y Change</td>
<td colspan="1" rowspan="1">Y/Y (%)</td>
</tr>
<tr>
<td colspan="1" rowspan="1">February</td>
<td colspan="1" rowspan="1">18,193,515</td>
<td colspan="1" rowspan="1">17,451,268</td>
<td colspan="1" rowspan="1">742,247</td>
<td colspan="1" rowspan="1">4.25%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Jan.-Feb.</td>
<td colspan="1" rowspan="1">38,000,310</td>
<td colspan="1" rowspan="1">36,464,965</td>
<td colspan="1" rowspan="1">1,535,345</td>
<td colspan="1" rowspan="1">4.21%</td>
</tr>
</tbody>
</table>
</figure><figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">(&#x2A;) All figures in thousands of New Taiwan Dollars (NT$), except for percentages</td>
</tr>
</tbody>
</table>
</figure>

Earnings

United Microelectronics Reported February Revenue Growth Of 4.25% YoY

MCHP

MRVL

SMCI

Shares of chip stocks are trading higher, reversing after earlier weakness as investors assess US tariffs.

Revenues for January 2025
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">Period</td>
<td colspan="1" rowspan="1">2025</td>
<td colspan="1" rowspan="1">2024</td>
<td colspan="1" rowspan="1">Y/Y Change</td>
<td colspan="1" rowspan="1">Y/Y (%)</td>
</tr>
<tr>
<td colspan="1" rowspan="1">January</td>
<td colspan="1" rowspan="1">19,806,795</td>
<td colspan="1" rowspan="1">19,013,697</td>
<td colspan="1" rowspan="1">793,098</td>
<td colspan="1" rowspan="1">4.17%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Jan.-Jan.</td>
<td colspan="1" rowspan="1">19,806,795</td>
<td colspan="1" rowspan="1">19,013,697</td>
<td colspan="1" rowspan="1">793,098</td>
<td colspan="1" rowspan="1">4.17%</td>
</tr>
</tbody>
</table>
</figure>
 All figures in thousands of New Taiwan Dollars (NT$), except for percentages

United Microelectronics Reported January Revenue Growth Of 4.17% YoY

These thirteen large-cap stocks were the worst performers in the last week. Are they in your portfolio?
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<li>FTAI Aviation Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTAI#NASDAQ">FTAI</a>) shares tumbled 26.18% after the company announced <a href="https://www.benzinga.com//node/43103333" target="_blank" rel="noreferrer noopener">it may delay its FY24 10-K filing</a>.</li>
<li>Electronic Arts Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>) stock dipped 17.57% after the company reported preliminary third-quarter results, including a slowdown in the Global Football franchise. Multiple analysts <a href="https://www.benzinga.com//node/43157791" target="_blank" rel="noreferrer noopener">downgraded the stock</a>.</li>
<li>First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) stock fell 11.86%, probably due to continued weakness following President Trump&#8217;s inauguration as investors assess the new <a href="https://www.benzinga.com//node/43146459" target="_blank" rel="noreferrer noopener">administration&#8217;s pro-fossil fuel policies</a>.</li>
<li>Rivian Automotive, Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) stock fell 11.57%, probably due to continued weakness after President Donald <a href="https://www.benzinga.com//node/43147598" target="_blank" rel="noreferrer noopener">Trump revoked Biden&#8217;s EV mandate</a>.</li>
<li>Ericsson (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERIC#NASDAQ">ERIC</a>) shares decreased 9.93% after the company reported worse-than-expected <a href="https://www.benzinga.com//node/43186252" target="_blank" rel="noreferrer noopener">fourth-quarter financial results</a>.</li>
<li>Astera Labs, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>) stock fell 9.66% last week after Morgan Stanley <a href="https://www.benzinga.com/quote/ALAB/analyst-ratings" target="_blank" rel="noreferrer noopener">downgraded it</a> from Overweight to Equal-Weight while maintaining its $142 price forecast.</li>
<li>CF Industries Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CF#NYSE">CF</a>) stock dived 9.41% after <a href="https://www.benzinga.com/quote/cf/analyst-ratings" target="_blank" rel="noreferrer noopener">several analysts downgraded the stock</a>.</li>
<li>Tetra Tech, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTEK#NASDAQ">TTEK</a>) shares declined 9.38%.</li>
<li>Expedia Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>) shares declined 9.24%.</li>
<li>J.B. Hunt Transport Services, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBHT#NASDAQ">JBHT</a>) stock lost 8.72% last week. Raymond James analyst Patrick Tyler Brown maintained the stock with an Outperform rating but <a href="https://www.benzinga.com/quote/JBHT/analyst-ratings" target="_blank" rel="noreferrer noopener">lowered the price forecast</a> from $200 to $190.</li>
<li>Cheniere Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>) shares were down 8.59%.</li>
<li>United Microelectronics Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>) stock lost 8.37% after the company reported <a href="https://www.benzinga.com//node/43095433" target="_blank" rel="noreferrer noopener">worse-than-expected Q4 financial results</a> and issued Q1 expectations for ASP to decline by mid-single digits. Citigroup <a href="https://www.benzinga.com/quote/UMC/analyst-ratings" target="_blank" rel="noreferrer noopener">downgraded the stock</a> to sell.</li>
<li>Walgreens Boots Alliance, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>) stock fell 8.20% after the U.S. Justice Department filed a lawsuit against the <a href="https://www.benzinga.com//node/43104245" target="_blank" rel="noreferrer noopener">company over opioid prescriptions</a>.</li>
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Image via Shutterstock
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Electronic Arts, Rivian And Walgreens Are Among Top 13 Large Cap Losers Last Week (Jan 20-Jan 24): Are The Others In Your Portfolio?

Citigroup analyst Roland Shu downgrades United Microelectronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>) from Buy to Sell.

Downgrades

Citigroup Downgrades United Microelectronics to Sell

United Microelectronics shares are trading lower after the company reported worse-than-expected Q4 financial results and issued Q1 expectations for ASP to decline by mid-single digits.

Taiwan-based&nbsp;United Microelectronics Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>)&nbsp;reported a&nbsp;fourth-quarter revenue growth of 9.9% year-on-year to <a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/b43091628/umc-reports-fourth-quarter-2024-results" rel="noreferrer noopener">$1.84 billion (NT$60.39 billion)</a>.
The company missed the&nbsp;analyst consensus estimate of $1.87 billion.&nbsp;
Also Read: <a target="_blank" href="https://www.benzinga.com/25/01/43052360/sony-cancels-two-live-service-games-stays-committed-to-long-term-monetization" rel="noreferrer noopener">Sony Cancels Two Live-Service Games, Stays Committed to Long-Term Monetization</a>
<ul>
<li>The revenue decreased by 0.2% quarter over quarter.</li>
<li>Earnings per ADS of 10 cents missed the <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">analyst consensus estimate of 15 cents</a>.</li>
<li>Revenue from 22 and 28nm was 34% of the wafer revenue (versus 36% a year ago), while the 40nm contribution grew to 16% of sales (versus 14% a year ago). </li>
<li>The gross margin declined by 200 basis points year over year. Capital expenditures totaled $602 million in the quarter.</li>
</ul>
Q1 Outlook: United Microelectronics co-President Jason Wang finds the semiconductor market poised for another year of growth, driven by strong demand for AI servers as well as increasing semiconductor content in smartphones, PCs, and other electronic devices. United Microelectronics continues investing in technological innovation and expanding its advanced packaging offering.
Wang&#8217;s 22/28nm portfolio remained the most significant contributor, with revenue increasing&nbsp;by 15%&nbsp;in 2024. Tape-outs for 22nm products are accelerating, and Wang expects to see higher revenue contributions from 2025 onwards.
Quarter-over-quarter, United Microelectronics&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">expects first-quarter</a> wafer shipments to remain flat and ASP in USD to decrease by mid-single-digit&nbsp;percentage. It also expects capacity utilization to be in the 70% range. United Microelectronics expects a cash-based&nbsp;2025 capex of $1.8 billion.
United Microelectronics stock lost over 22% in the last twelve months. At least <a target="_blank" href="https://www.benzinga.com/quote/UMC/analyst-ratings" rel="noreferrer noopener">three Wall Street firms</a> downgraded rating on&nbsp;the stock in October.
Price Action: UMC stock is up 0.96% at $6.34 premarket at the last check Tuesday.
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Photo: Shutterstock.

Guidance

UMC Q4 Earnings: Topline Rises 9.9% Driven By AI And Smartphones, Projects Sequentially Flat Q1 Shipments

First Quarter 2025 Outlook &amp; Guidance
‧Wafer Shipments: Will remain flat
‧ASP in USD: Will decrease by mid-single digit %
‧Gross Profit Margin: Will be higher than 25% with 0121 earthquake impact
‧Capacity Utilization: approximately 70%
‧2025 CAPEX: US$1.8 billion

United Microelectronics Expects Q1 Wafer Shipments To Be Flat, ASP Decline By Mid-Single-Digit, Gross Margin Above 25%, 2025 Capex Of $1.8B

Earnings Misses

United Microelectronics Q4 2024 GAAP EPADS $0.10 Misses $0.15 Estimate, Sales $1.840B Miss $1.871B Estimate

<h3>Companies Reporting Before The Bell</h3>
• 3M (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>) is estimated to report quarterly earnings at $1.66 per share on revenue of $5.78 billion. 
• United Microelectronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>) is projected to report quarterly earnings at $0.15 per share on revenue of $1.87 billion. 
• Complete Solaria (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSLR#NASDAQ">CSLR</a>) is expected to report quarterly loss at $0.21 per share on revenue of $76.50 million. 
• Old National (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONB#NASDAQ">ONB</a>) is estimated to report quarterly earnings at $0.46 per share on revenue of $485.57 million. 
• Fifth Third Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FITB#NASDAQ">FITB</a>) is projected to report quarterly earnings at $0.88 per share on revenue of $2.21 billion. 
• FB Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FBK#NYSE">FBK</a>) is estimated to report quarterly earnings at $0.83 per share on revenue of $131.14 million. 
• KeyCorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEY#NYSE">KEY</a>) is projected to report quarterly earnings at $0.32 per share on revenue of $1.75 billion. 
• Mercantile Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBWM#NASDAQ">MBWM</a>) is projected to report quarterly earnings at $1.14 per share on revenue of $57.33 million. 
• Prologis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLD#NYSE">PLD</a>) is projected to report quarterly earnings at $1.38 per share on revenue of $1.94 billion. 
• Guaranty Bancshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNTY#NYSE">GNTY</a>) is expected to report quarterly earnings at $0.61 per share on revenue of $29.49 million. 
• Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) is likely to report quarterly earnings at $0.89 per share on revenue of $5.13 billion. 
• Peoples Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEBO#NASDAQ">PEBO</a>) is estimated to report quarterly earnings at $0.75 per share on revenue of $109.93 million. 
• Forestar Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOR#NYSE">FOR</a>) is estimated to report quarterly earnings at $0.70 per share on revenue of $328.44 million. 
• New Oriental Education (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EDU#NYSE">EDU</a>) is expected to report quarterly earnings at $0.33 per share on revenue of $1.06 billion. 
• Community Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBU#NYSE">CBU</a>) is projected to report quarterly earnings at $0.89 per share on revenue of $192.78 million. 
• D.R. Horton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>) is estimated to report quarterly earnings at $2.39 per share on revenue of $7.12 billion. 
<h3>Companies Reporting After The Bell</h3>
• Zions Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZION#NASDAQ">ZION</a>) is estimated to report quarterly earnings at $1.26 per share on revenue of $787.50 million. 
• United Airlines Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) is expected to report quarterly earnings at $3.01 per share on revenue of $14.34 billion. 
• SmartFinancial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMBK#NYSE">SMBK</a>) is projected to report quarterly earnings at $0.50 per share on revenue of $44.37 million. 
• Simmons First Ntl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFNC#NASDAQ">SFNC</a>) is likely to report quarterly earnings at $0.35 per share on revenue of $208.67 million. 
• Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) is likely to report quarterly earnings at $4.20 per share on revenue of $10.13 billion. 
• Trustco Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRST#NASDAQ">TRST</a>) is likely to report earnings for its fourth quarter. 
• Progress Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRGS#NASDAQ">PRGS</a>) is likely to report quarterly earnings at $1.22 per share on revenue of $211.34 million. 
• Interactive Brokers Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBKR#NASDAQ">IBKR</a>) is projected to report quarterly earnings at $1.82 per share on revenue of $1.37 billion. 
• Hancock Whitney (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HWC#NASDAQ">HWC</a>) is likely to report quarterly earnings at $1.28 per share on revenue of $365.13 million. 
• Pinnacle Finl Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PNFP#NASDAQ">PNFP</a>) is expected to report quarterly earnings at $1.78 per share on revenue of $470.83 million. 
• Agilysys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGYS#NASDAQ">AGYS</a>) is estimated to report quarterly earnings at $0.34 per share on revenue of $73.15 million. 
• Seagate Tech Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STX#NASDAQ">STX</a>) is expected to report quarterly earnings at $1.87 per share on revenue of $2.32 billion. 
• Pathward Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CASH#NASDAQ">CASH</a>) is expected to report quarterly earnings at $1.24 per share on revenue of $171.35 million. 
• Fulton Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FULT#NASDAQ">FULT</a>) is projected to report quarterly earnings at $0.42 per share on revenue of $315.73 million. 
• Great Southern Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSBC#NASDAQ">GSBC</a>) is expected to report quarterly earnings at $1.32 per share on revenue of $55.33 million. 
• Wintrust Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTFC#NASDAQ">WTFC</a>) is projected to report quarterly earnings at $2.49 per share on revenue of $632.53 million. 
• Capital One Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>) is projected to report quarterly earnings at $2.71 per share on revenue of $10.21 billion. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AGYS

CASH

CSLR

New Oriental Education & Technology Group

FITB

FULT

GNTY

GSBC

IBKR

MBWM

NFLX

PEBO

PNFP

PRGS

SCHW

SFNC

SMBK

TRST

WTFC

ZION

Earnings Scheduled For January 21, 2025

Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is finalizing the verification of its <a target="_blank" href="https://www.benzinga.com/topic/semiconductors" rel="noreferrer noopener">&#8220;made in America&#8221;</a> processor chips from Taiwan Semiconductor Manufacturing Co&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) plant in Arizona.
The first batch of commercial chips will likely by this quarter, Nikkei Asia <a target="_blank" href="https://asia.nikkei.com/Business/Tech/Semiconductors/Apple-in-final-stages-of-verifying-TSMC-s-Made-in-USA-chips" rel="noreferrer noopener">reports</a>.
The 2020 pandemic prompted countries including the U.S., Europe, and Japan to consolidate their semiconductor position by tapping chipmakers like Taiwan Semiconductor, Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), Samsung Electronics Co (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>), thereby reducing their dependence on China.
Also Read: <a target="_blank" href="https://www.benzinga.com/government/regulations/25/01/42947562/taiwan-semiconductor-begins-4nm-chip-production-in-arizona-eyes-11-4-billion-q4-profit" rel="noreferrer noopener">Taiwan Semiconductor Begins 4nm Chip Production in Arizona, Eyes $11.4 Billion Q4 Profit</a>
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/14050746/newplot-4.png" alt="" class="wp-image-732034" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/14050746/newplot-4.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/14050746/newplot-4-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
Additionally, the U.S. started restricting China&#8217;s access to advanced semiconductor technology, which Washington alleged China utilized to boost its military warfare position.
Washington also restricted China&#8217;s access to sophisticated Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Taiwan Semiconductor&#8217;s artificial intelligence chips.
The country also canvassed its allies, including Taiwan and the Netherlands (home to chip equipment maker ASML Holding (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/asml#NASDAQ">ASML</a>), to restrict semiconductor trade with China.
Meanwhile, Taiwan Semiconductor bagged a 64% share of the global foundry business in the third quarter of 2024, up from 62% in the second quarter, Taipei Times <a target="_blank" href="https://www.taipeitimes.com/News/biz/archives/2025/01/14/2003830149" rel="noreferrer noopener">cites</a> Counterpoint Research.
Last November, Counterpoint said Taiwan Semiconductor owed its moat to high utilization rates in its 5nm and 3nm processes, artificial intelligence (AI) accelerator demand, and smartphone sales.
Samsung came second with a 12% share backed by its 4nm and 5nm processes, Taipei Times cites Counterpoint.
China&#8217;s Semiconductor Manufacturing International came third after it secured 6%, backed by its 28nm process, Taipei Times cites Counterpoint.
United Microelectronics Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>) tied with GlobalFoundries Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GFS#NASDAQ">GFS</a>) with a 5% share backed by demand in the Internet of Things and communications infrastructure markets.
The 3nm process scored a second position in the third quarter, bagging a 13% share, on the back of the full utilization of Taiwan Semiconductor&#8217;s production capacity, as production by Apple, Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), Intel gained momentum.
The 5 and 4nm processes bagged the numero uno position, securing 24% of the market in the third quarter, courtesy of demand for Nvidia&#8217;s Blackwell graphics processing units.
Taiwan Semiconductor plans to start producing its 2nm process at its fab in Hsinchu County&#8217;s Baoshan Township in 2025.
Goldman Sachs <a target="_blank" href="https://www.benzinga.com/25/01/42825523/taiwan-semi-likely-for-upside-backed-by-ai-demand-and-advanced-node-pricing-analyst-says" rel="noreferrer noopener">expressed optimism over</a> Taiwan Semiconductor&#8217;s prospects, citing AI demand and advanced node growth. Taiwan Semiconductor&#8217;s price hikes for 3 and 5nm nodes in 2025 (while Intel and Samsung struggle to develop their AI technology moat) could boost its margins to over 59%.
Taiwan Semiconductor stock surged over 98% in the last 12 months. Investors can gain exposure to the stocks of companies that manufacture semiconductors through VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>) and iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>).
Price Action: TSM stock is down 0.65% at $200.05 at the last check on Tuesday.
Also Read:
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<li><a href="https://www.benzinga.com/government/regulations/25/01/42897081/nvidia-and-ai-chip-stocks-brace-for-impact-as-biden-administration-considers-new-china-export-ban-report" target="_blank" rel="noreferrer noopener">Nvidia and AI Chip Stocks Brace for Impact as Biden Administration Considers New China Export Ban: Report</a></li>
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Image via Shutterstock

SSNLF

Apple And Nvidia Supplier Taiwan Semiconductor Leads Semiconductor Market with 64% Share

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UMC Reports Sales for December 2024

UMC's Flagship Fab Designated One of 189 Smart Manufacturing Lighthouses by the World Economic Forum

UMC Reports Fourth Quarter 2024 Results

UMC Reports Sales for January 2025

UMC Reports Sales for February 2025

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