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SMI - Why Semiconductor Manufacturing International Corporation Will Grow Faster Than United Microelectronics Corporation

The foundry market is dominated by Taiwan Semiconductor Manufacturing Company (TSM). Not only does it lead in process technology with 7nm, but its tremendous wafer manufacturing capacity is unmatched by any other foundry out there. But even though TSM may be way ahead at the moment, it still faces competitors out there that could one day give it much tougher competition than is currently the case.

Two of these foundries are Semiconductor Manufacturing International Corporation (SMI) and United Microelectronics Corporation (UMC). Neither company is currently in a position to

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Stock Information

Company Name: VanEck HIP Sustainable Muni ETF
Stock Symbol: SMI
Market: NYSE

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