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A shortage of semiconductors is coming: the factory of the largest chip maker TSMC was damaged by the earthquake in Taiwan

Natasha Kumar By Natasha Kumar Apr3,2024

Semiconductor shortage looms: largest chipmaker TSMC's plant damaged by Taiwan earthquake

A series of strong 7.7-magnitude tremors struck Taiwan today.

The earthquake is already considered the most powerful in the region in 25 years.

Many buildings on the island were damaged, including the plant of TSMC, the world's largest semiconductor manufacturer.

What is known< /h3>

The Taiwanese semiconductor company produces chips for a wide range of IT companies, including Apple, AMD, NVIDIA and other global technology giants as customers.

The disaster caused some semiconductor production lines to be seriously damaged damaged, and the company's work could be stopped for several weeks. Most likely, this will lead to chip shortages and higher prices for video cards, processors, smartphones and other hardware.

TSMC is currently estimating losses of $60 million.

Natasha Kumar

By Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116

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