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The semiconductor industry rarely offers an easy trade. But Wedbush may have pointed to a real opening for United Microelectronics (UMC).
The idea floated by Wedbush is simple. As geopolitical risk pushes chip buyers to spread out supply, more companies want older chips made in safer, more reliable locations. UMC already has factories in Singapore, ****** an, and other markets, which puts it in a strong spot.
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