October Slip Overshadowed by United Microelectronics Corporation (NYSE:UMC) Yearly Gain

United Microelectronics Corporation (NYSE:UMC) is among the most profitable semiconductor stocks to buy. On November 6, United Microelectronics Corporation (NYSE:UMC) reported its sales figures for October 2025, reflecting only a slight movement in contrast to last year. The semiconductor company posted consolidated unaudited net sales of NT$21.3 billion for the month, showing a 0.36% decline from the October 2024 level.

Despite this dip raising concerns regarding the company’s momentum, the overall picture tells a somewhat different story. Total sales from January to October witnessed a 1.94% increase over the same period last year.

United Microelectronics Corporation (UMC): Among Overlooked Tech Stocks to Buy Now

As the management highlighted during the earnings call, United Microelectronics Corporation (NYSE:UMC) observed demand growth across a majority of its market segments. The company particularly benefited from a sales rebound of smartphones and notebooks, which spurred replenishment orders from customers. Additionally, the company’s cutting-edge technology and favorable macro environment contributed to the overall shipment growth.

As stated by Jason Wang, Co-President & Representative Director,

“It’s now that we project the 2025 shipment growth was supported by our differentiated 22-nanometer technology and other specialty offerings across both 12- and 8-inch amid a broad-based market demand recovery.”

United Microelectronics Corporation (NYSE:UMC), headquartered in Hsinchu City, Taiwan, is a semiconductor wafer foundry specializing in integrated circuits. Founded in 1980, the company is dedicated to becoming a leading specialty technology foundry.

While we acknowledge the potential of UMC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than UMC and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.