UMC’s Q2 guidance reaffirmed steady wafer output growth, influencing bullish sentiment in analyst forecasts. Stock forecast consensus now sets 12-month price targets between $10.00 and $10. The customers continue to show healthy interest in migrating to its 22nm specialty platforms for next-generation networking and display driver applications, which provide substantial power savings and performance advantages over 28nm solutions. Entering 2025, the broader semiconductor market remains well-placed for another year of growth, courtesy of robust demand for Al servers and increased semiconductor content in smartphones, PCs, and other electronic devices. To capture the opportunities, United Microelectronics Corporation (NYSE:UMC) continues to make investments in technology innovation, developing industry-leading specialty solutions to capitalize on the next wave of system upgrades and remain at the forefront of the competition. United Microelectronics Corporation (NYSE:UMC)'s new Singapore Phase 3 fab is expected to enhance customers' supply chain resilience, while the 12nm collaboration with its US partner can provide customers a migration path beyond 22nm. Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels. Recent contract wins in the automotive sector bolster UMC’s medium-term outlook. Stock forecast models suggest a climb toward $10.30 in the next 90 days if macroeconomic headwinds remain muted.
