Análisis profundo de UMC United Microelectronics para 2026: economía del foundry especializado en nodos maduros 22/28nm, expansión en Singapur, amenaza de sobrecapacidad china de SMIC, fiscalidad del ADR con dividendo, y por qué UMC es un valor diferente a TSMC.
Deep-dive into TSM TSMC's 2026 investment case: pure-play foundry economics, N3/N2 process leadership moat, AI and CoWoS demand surge, geopolitical risk framework, ADR foreign tax credit strategy, and earnings checklist for US investors.
A deep-dive into UMC United Microelectronics for 2026: why mature-node specialty foundry earns a premium, the Singapore expansion, China overcapacity threat from SMIC, ADR dividend tax for US investors, and why UMC is a value-income play rather than a TSMC growth story.
Can Samsung Electronics (005930) reclaim its semiconductor throne in 2026? This analysis covers HBM3E/HBM4 competition with SK Hynix, foundry GAA yield recovery, DRAM/NAND price cycle positioning, and how US investors can access Samsung exposure through OTC ADRs or ETFs.