The reason is the largest earthquake in Taiwan in 25 years. All this can lead to higher prices for gadgets.
On April 3, the largest earthquake in a quarter of a century occurred on the island of Taiwan with a magnitude of 7.4/10 on the Richter scale. As a result, the infrastructure of TSMC, which is the largest company producing semiconductor products and cooperates with companies such as Apple, NVIDIA, Sony, AMD and other tech giants, was damaged.
Currently, TSMC has suspended production and evacuated personnel. The company said that the enterprise's computers and network systems have been tested and are operating as normal, but due to security protocols, the facilities at risk have stopped working for now. The construction of new enterprises in Taiwan has also been suspended, one of which was supposed to produce products using the 2 nm process from 2025.
Preliminarily, the natural disaster will bring TSMC losses in the 2nd quarter of this year in the amount of $60 million. All this could lead to a short-term disruption in the supply of processors and subsequent delays in the production of electronics.
On April 3, the largest earthquake in a quarter of a century occurred on the island of Taiwan with a magnitude of 7.4/10 on the Richter scale. As a result, the infrastructure of TSMC, which is the largest company producing semiconductor products and cooperates with companies such as Apple, NVIDIA, Sony, AMD and other tech giants, was damaged.
Currently, TSMC has suspended production and evacuated personnel. The company said that the enterprise's computers and network systems have been tested and are operating as normal, but due to security protocols, the facilities at risk have stopped working for now. The construction of new enterprises in Taiwan has also been suspended, one of which was supposed to produce products using the 2 nm process from 2025.
Preliminarily, the natural disaster will bring TSMC losses in the 2nd quarter of this year in the amount of $60 million. All this could lead to a short-term disruption in the supply of processors and subsequent delays in the production of electronics.
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