✅   TSMC Shutters Some Chipmaking Plants As Quake Rocks Island Nation

tech

Taiwan Semiconductor Manufacturing Co., the leading contract chipmaker for Apple Inc. and Nvidia Corp., shuttered some of its chipmaking capacity and evacuated plants after thebiggest earthquake in 25 yearsrocked the island nation, just east of mainland China. Taiwan plays a significant role in manufacturing advanced chips for artificial intelligence, smartphones, computers, and electric vehicles. The country is estimated to produce 80% to 90% of the highest-end chips. As the news of a 7.4-magnitude quake off Taiwan's east coast disrupts chipmaking, the implications for the global tech supply chain, including potential future disruptions like a war with China, are causing significant concern among Wall Street analysts.

ZeroHedge Opinion     Apr 03, 2024