Chipmakers in Taiwan Pause Operations After 7.4-Magnitude Earthquake

Chipmakers in Taiwan, including Taiwan Semiconductor Manufacturing Company (TSMC) and United Microelectronics Corp. (UMC), have temporarily halted their operations following a powerful 7.4-magnitude earthquake that struck the country's east coast. The earthquake, one of the strongest to hit Taiwan in recent years, has prompted companies to assess the impact on their chip manufacturing facilities. TSMC, responsible for producing high-end chips for major tech companies like Nvidia, Apple, and AMD, is currently examining the effects of the earthquake on its operations. The disruption in chip production could have far-reaching consequences, affecting everything from PCs and smartphones to AI servers and smart gadgets. The companies are working to resume production as quickly as possible to minimize the impact on the global tech industry.