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UMC: High Upside Potential
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So after much internal debate and research, I bought into UMC at $9.50 a share.
The obvious risks are geopolitical being a Taiwanese company but the financials are rock solid in my opinion. I don’t know a ton of the semiconductor space but UMC’s US counterparts are trading 30-80x earnings with nearly identical financial stats.
Anyone have any sentiment (bearish or bullish) on this company?
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