Stock Track | Hurricane Helene Disrupts Quartz Mines, Impacting Semiconductor and Solar Supply Chains

Stock Track10-02

Hurricane Helene has forced the shutdown of two major quartz mining operations in North Carolina that supply over 80% of the world's high-purity quartz, a critical material for the semiconductor and solar industries.

Sibelco and Quartz Corp, the two mining companies located near Spruce Pine, North Carolina, halted production on September 26 due to the hurricane's impact. The region has experienced severe flooding, power outages, and communication disruptions, making it difficult to restart operations.

While the impact on global chipmaking remains unclear, major semiconductor companies like Infineon Technologies AG and Taiwan Semiconductor Manufacturing Co. are monitoring the situation closely. However, they do not anticipate significant disruptions to their operations in the short term, as they maintain stockpiles of essential components.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1172653796?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-02 22:12","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1172653796","market":"us","top_or_hot":-1,"title":"Stock Track | Hurricane Helene Disrupts Quartz Mines, Impacting Semiconductor and Solar Supply Chains","media":"Stock Track","content":"<p>Hurricane Helene has forced the shutdown of two major quartz mining operations in North Carolina that supply over 80% of the world's high-purity quartz, a critical material for the semiconductor and solar industries.</p>\n\n<p>Sibelco and Quartz Corp, the two mining companies located near Spruce Pine, North Carolina, halted production on September 26 due to the hurricane's impact. The region has experienced severe flooding, power outages, and communication disruptions, making it difficult to restart operations.</p>\n\n<p>While the impact on global chipmaking remains unclear, major semiconductor companies like Infineon Technologies AG and Taiwan Semiconductor Manufacturing Co. are monitoring the situation closely. However, they do not anticipate significant disruptions to their operations in the short term, as they maintain stockpiles of essential components.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Hurricane Helene Disrupts Quartz Mines, Impacting Semiconductor and Solar Supply Chains</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Hurricane Helene Disrupts Quartz Mines, Impacting Semiconductor and Solar Supply Chains\n</h2>\n\n<h4 class=\"meta\">\n\n2024-10-02 22:12 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hurricane Helene has forced the shutdown of two major quartz mining operations in North Carolina that supply over 80% of the world's high-purity quartz, a critical material for the semiconductor and ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SOXS","symbol_name":"三倍做空半导体ETF-Direxion Daily","start_time":0,"source_url":"","article_id":"1172653796","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1172653796","pubTimestamp":1727878342,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Hurricane Helene has forced the shutdown of two major quartz mining operations in North Carolina that supply over 80% of the world's high-purity quartz, a critical material for the semiconductor and solar industries.Sibelco and Quartz Corp, the two mining companies located near Spruce Pine, North Carolina, halted production on September 26 due to the hurricane's impact. The region has experienced severe flooding, power outages, and communication disruptions, making it difficult to restart operat","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SOXS":"三倍做空半导体ETF-Direxion Daily"},"translate_title":"飓风海伦扰乱石英矿，影响半导体和太阳能供应链","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SOXS":1},"content_text":"Hurricane Helene has forced the shutdown of two major quartz mining operations in North Carolina that supply over 80% of the world's high-purity quartz, a critical material for the semiconductor and solar industries.\nSibelco and Quartz Corp, the two mining companies located near Spruce Pine, North Carolina, halted production on September 26 due to the hurricane's impact. The region has experienced severe flooding, power outages, and communication disruptions, making it difficult to restart operations.\nWhile the impact on global chipmaking remains unclear, major semiconductor companies like Infineon Technologies AG and Taiwan Semiconductor Manufacturing Co. are monitoring the situation closely. However, they do not anticipate significant disruptions to their operations in the short term, as they maintain stockpiles of essential components.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1172653796"}