Quake Shakes Chip Giant TSMC: Global Tech on Edge Amid Production Woes

April 4, 2024
Quake Shakes Chip Giant TSMC: Global Tech on Edge Amid Production Woes
  • TSMC is attempting to restore chip production after a significant earthquake in Taiwan.

  • The earthquake underscores the dangers of concentrating chip manufacturing in an earthquake-prone and geopolitically tense region.

  • TSMC, responsible for 90% of the world's most advanced chips, experienced facility damage, affecting output.

  • Global efforts to decentralize chip production are underway, with the US investing $200 billion and TSMC expanding into Japan, Germany, and the US.

  • The tech industry is vigilant about the impact on chip supply, with potential effects hinging on the specific manufacturing processes disrupted.

  • The incident has propelled the Taiwanese government and tech industry to reassess their strategies for chip manufacturing diversification and disaster preparedness.

Summary based on 132 sources


Get a daily email with more World News stories

Sources



Map: 7.4-Magnitude Earthquake Strikes Taiwan

The New York Times • Apr 3, 2024

Map: 7.4-Magnitude Earthquake Strikes Taiwan

Taiwan 7.4-Magnitude Earthquake Leaves 9 Dead: Live Updates

Related Stories