Chip foundry United Microelectronics (UMC +1.2%) is up slightly after posting posting Q3 results, but its numbers still demonstrate the depth of the chip industry's inventory woes. Wafer shipments fell 10% Q/Q, and are expected to fall another 10% in Q4. Moreover, UMC's closely-watched utilization rate fell 1300 bps Q/Q, to 74%.
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs