@mar364503 · Long UMC · The Analysts

$UMC mature nodes ride the wave of semi shortage too

Summary of UMC 2303 TT note on market worries vs. our view re-rating • UMC share price weak on worries over “no price hike in 2H26” • We see 2H26 hikes are for selective customers (e.g. MTK 8”). → The broad-based hikes to be in 1Q27 (10-30%). ⬆️ Raise TP to NT$215 :

Read asLong UMC

Since the call—

unrankedThe analyst's rank today

High · 0.93Confidence

Mon, Oct 5Tweeted

Tue, Oct 6 closeCounted from

6% of the basket · day 14fades out by Nov 16

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