UMC (UMC) plans to raise wafer prices in the second half of 2026 to support ongoing investments in efficiency, technology, and capacity, WCCFTech reports. The increase is driven by strengthening demand across communications, industrial, AI, and consumer markets, UMC said in a letter to customers. The Fly notes that shares of GlobalFoundries (GFS) are up nearly 7% to $58.55 in morning trading.
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