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Taiwan’s UMC Opens $5 Billion Singapore Facility To Make AI, Automotive Chips [Forbes]

NXP Semiconductors N.V. (NXPI)  More Company Research Source: Forbes
Last nxp semiconductors n.v. earnings: 4/27 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.nxp.com
(UMC) opened the first phase of its newly-built $5 billion advanced manufacturing facility in Singapore as the proliferation of artificial intelligence applications boosts demand for more complex chips. The facility in the eastern Singapore town of Pasir Ris can produce up to 30,000 wafers per month when full production starts in 2026, Hsinchu, Taiwan-based company said in a on Tuesday. It will boost UMC's total production capacity in Singapore by 47% to more than 1 million wafers annually, with room for further expansion, it added. “This new state-of-the-art facility in Singapore signals a new phase of growth for UMC,” company president Shan-Chieh Chien said in the statement. “It enhances our ability to meet future chip demand, driven by continuous innovations in connectivity, automotive and AI.” PROMOTED Singapore—a major manufacturing hub—has in recent years been attracting new investments from global . Last year, Vanguard International Semiconductor partnered with Netherl [Read more]
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Stockreport

Taiwan’s UMC Opens $5 Billion Singapore Facility To Make AI, Automotive Chips [Forbes]

NXP Semiconductors N.V.  (NXPI) 
More Company Research Source: Forbes
Last nxp semiconductors n.v. earnings: 4/27 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.nxp.com
(UMC) opened the first phase of its newly-built $5 billion advanced manufacturing facility in Singapore as the proliferation of artificial intelligence applications boosts demand for more complex chips. The facility in the eastern Singapore town of Pasir Ris can produce up to 30,000 wafers per month when full production starts in 2026, Hsinchu, Taiwan-based company said in a on Tuesday. It will boost UMC's total production capacity in Singapore by 47% to more than 1 million wafers annually, with room for further expansion, it added. “This new state-of-the-art facility in Singapore signals a new phase of growth for UMC,” company president Shan-Chieh Chien said in the statement. “It enhances our ability to meet future chip demand, driven by continuous innovations in connectivity, automotive and AI.” PROMOTED Singapore—a major manufacturing hub—has in recent years been attracting new investments from global . Last year, Vanguard International Semiconductor partnered with Netherl [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NXPI
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS