UMC stock price remained steady at $8.48 despite a lukewarm NASDAQ performance. Technical traders indicate the 50-day moving average is acting as strong support, limiting downside risks for now. We recently published a list of 10 Overlooked Tech Stocks to Buy Now . In this article, we are going to take a look at where United Microelectronics Corporation (NYSE:UMC) stands against other overlooked tech stocks to buy now. I agree to TipRanks Terms of use and Privacy Policy UMC stock price rose to $8.55 on strong institutional buying, driven by optimism in automotive semiconductor demand. Analysts suggest higher order visibility could improve EPS forecasts for FY
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