US Stock Market Move | United Microelectronics Corp. Sponsored ADR (UMC.US) rose more than 16% and discussed the possibility of merging with Grace Semiconductor Manufacturing Corp. (GFS.US).

31/03/2025

GMT Eight

On Monday, United Microelectronics Corp. Sponsored ADR (UMC.US) rose over 16% to $7.63. There are reports that GFS.US and United Microelectronics Corp. Sponsored ADR are exploring the possibility of a merger. According to the plan, the merger would create a larger company based in the United States with production facilities in Europe, Asia, and the United States.

US Stock Market Move | Lianzhang Technology Holding (LZMH.US) fell more than 9.8%, and its total market value dropped to nearly $1.1 billion.

US Stock Market Move | Tuniu Corp. Sponsored ADR Class A (TOUR.US) rose more than 3%, achieving full-year GAAP profit for the first time.

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US Stock Market Move | United Microelectronics Corp. Sponsored ADR (UMC.US) rose more than 16% and discussed the possibility of merging with Grace Semiconductor Manufacturing Corp. (GFS.US).

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