United Microelectronics is trading 6.2% up at $19.86 in pre-market hours as the semiconductor sector rebounds from a recent selloff.
- The stock is climbing alongside a broader rally in chipmakers, driven by improved market sentiment and anticipation surrounding AMD’s upcoming earnings report.
- The move marks a recovery from recent volatility in the semiconductor group linked to AI-spending concerns.
- Shares are regaining ground after yesterday’s sector-wide decline.