UMC is trading at $26.36 (4.2% down) as investors take profits following a sharp multi-day rally, with semiconductor names cooling alongside a broader tech selloff. - The downward move occurs despite UMC raising its planned cash dividend per share and setting July dates for ex-dividend and payment. - The company also disclosed the disposal of Novatek Microelectronics shares, generating a gain and bolstering retained earnings. - Additionally, UMC reported sharp year-on-year profit growth for May 2026 (+203%) and Q1 2026 (+107.9%).