United Microelectronics Falls 7%, Tower Semiconductor Sinks 10%, GlobalFoundries Drops 7% as AI Spending Fears Hit Foundries

Source: Biztoc.com· 247wallst.com· August 18, 2026
United Microelectronics Falls 7%, Tower Semiconductor Sinks 10%, GlobalFoundries Drops 7% as AI Spending Fears Hit Foundries

The post United Microelectronics Falls 7%, Tower Semiconductor Sinks 10%, GlobalFoundries Drops 7% as AI Spending Fears Hit Foundries appeared first on 24/7 Wall St.. Shares of United Microelectronics (NYSE:UMC) are dropping 7% Tuesday afternoon to $18.22, pa…

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