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Taiwan earthquake halts TSMC chip production and may impact global tech sector
Earthquake in Taiwan disrupts TSMC semiconductor production, posing risks to global tech sector amid critical chip manufacturing role.
TSMC, the world’s largest maker of advanced chips for customers like Apple Inc. and Nvidia Corp., evacuated staff and halted production due to the earthquake. In 2023, the company said it manufactured over 16 million 12-inch silicon wafers at four facilities, referred to as “fabs,” in Taiwan, and also manages additional plants dedicated to producing smaller chips. A manager from a TSMC equipment supplier said there were discussions about whether to assign additional staff to work overtime during the forthcoming Tomb-Sweeping holidays later this week.
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