TSMC, UMC Evacuate Chipmaking Lines After Major Taiwan Quake

Bloomberg04-03

Chipmakers move some staff off of unspecified operation areasThe earthquake rocked Taiwan and triggered tsunami warningsTaiwan Semiconductor Manufacturing Co. and its closest rival evacuated factory ...

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Guavaxf30
04-03
Guavaxf30
When it rains, it pours. What else can possibly happen after yesterday's US meltdown. Iran retaliates against Israel?
Success88
04-03
Success88
TSMC so far no issue don't Worry

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at the world’s largest maker of advanced chips.TSMC, the main contract chipmaker to Apple Inc. and Nvidia Corp., moved staff out of certain areas and said it’s assessing the impact of a temblor measuring 7.4 in magnitude off the east coast. The smaller United Microelectronics Corp. halted operations at some plants and evacuated certain facilities at its hubs of Hsinchu and Tainan, it said in a statement.Taiwanese firms from TSMC to ASE Technology Holding Co. make the vast majority of the semiconductors that go into devices from iPhones to cars from factories vulnerable to even the slightest tremors. A single vibration can destroy entire batches of the precision-made semiconductors. TSMC shares slid about 1.5% in early trade, while UMC was down less than 1%.“TSMC’s safety systems are operating normally. To ensure the safety of personnel, some fabs were evacuated according to company procedure,” the company said in a statement. “We are currently confirming the details of the impact.”Taiwan is prone to quakes because it’s near the convergence of two tectonic plates. Yet it’s also the source of an estimated 80% to 90% of the highest-end chips required for advanced applications such as smartphones and AI.Industry executives and government officials have long called out the dangers of centering the world’s advanced semiconductor production on an island that, apart from natural shocks, is considered a potential military flashpoint.But TSMC expansion projects now underway in Japan and US will take time to get up to full speed and American companies such as Micron Technology Inc. still maintain major operations on the island.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":0},"commentList":[{"id":291170402701448,"gmtCreate":1712112543249,"gmtModify":1712112547118,"author":{"id":"3576140222331577","authorId":"3576140222331577","name":"Guavaxf30","avatar":"https://static.tigerbbs.com/1ff15ff6aa254c9130f9af922f7e2447","vip":1,"crmLevel":9,"crmLevelSwitch":1},"htmlText":"When it rains, it pours.&nbsp; What else can possibly happen after yesterday's US meltdown.&nbsp; Iran retaliates against Israel?","listText":"When it rains, it pours.&nbsp; What else can possibly happen after yesterday's US meltdown.&nbsp; Iran retaliates against Israel?","text":"When it rains, it pours. What else can possibly happen after yesterday's US meltdown. Iran retaliates against Israel?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/291170402701448","repostId":2424388628,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":291165113655336,"gmtCreate":1712111146812,"gmtModify":1712111150705,"author":{"id":"4101948424484190","authorId":"4101948424484190","name":"Success88","avatar":"https://static.itradeup.com/news/4408e1a22d73e99adb53aa65dde8ad91","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":0},"htmlText":"TSMC so far no issue don't Worry","listText":"TSMC so far no issue don't Worry","text":"TSMC so far no issue don't Worry","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/291165113655336","repostId":2424388628,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":13,"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":"4.22.4","shortVersion":"4.22.4","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/2424388628"}