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Taiwan earthquake tests readiness of world’s chip-making hub

Livemint

Livemint · 1y ago

Taiwan earthquake tests readiness of world’s chip-making hub

Taiwan Semiconductor Manufacturing (TSMC), the world's largest semiconductor manufacturer, briefly evacuated some of its locations and suspended work at some plants after a powerful earthquake hit eastern Taiwan. TSMC, which produces chips for major companies like Apple, has prepared for earthquakes for years, following lessons from previous disasters. While initial inspections found no safety issues and no injuries reported, it is still uncertain if there is any equipment damage or potential monetary losses from the suspensions. TSMC's main facilities are located in areas relatively distant from the epicenter, but the delicate nature of semiconductor manufacturing requires caution.

Related News

AMD CEO says ready to start chip production at TSMC's plant in Arizona

Economic Times

Economic Times · 3m ago

AMD CEO says ready to start chip production at TSMC's plant in Arizona

AMD CEO Lisa Su announced readiness to commence chip production at TSMC's Arizona facility, aiming to boost AI server manufacturing in the U.S. This aligns with potential U.S. tax adjustments on imported semiconductors, hinted by President Trump. AMD, a leading PC chip supplier, primarily collaborates with TSMC, a major contract chip manufacturer in Taiwan. The move showcases AMD's strategic shift towards increasing domestic chip production amidst evolving trade dynamics.

TSMC halts work at construction sites in Taiwan after earthquake

Reuters · 1y ago

TSMC halts work at construction sites in Taiwan after earthquake

Taiwan Semiconductor Manufacturing Co (TSMC), the world's largest contract chipmaker, has halted work at its construction sites in Taiwan due to the impact of a 7.2 magnitude earthquake. The company plans to reassess the situation and resume operations once inspections are completed.

The world's biggest chipmaker just got hit by an earthquake. That could mean production delays for customers like Apple and Nvidia.

Business Insider

Business Insider · 1y ago

The world's biggest chipmaker just got hit by an earthquake. That could mean production delays for customers like Apple and Nvidia.

The Taiwan earthquake has affected operations at Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest chipmaker. This could impact major companies like Apple and Nvidia, who rely on TSMC's chips. The 7.4-magnitude earthquake has caused casualties and damaged buildings, including TSMC's manufacturing facilities. While TSMC hopes to resume production soon, any delays could disrupt its business and affect supply chains. Apple and Nvidia may face production delays and potential damage to advanced chips. However, customers are likely to wait for TSMC's chips rather than turning to alternative suppliers.

Taiwanese chip-making giant TSMC gets $6.6 billion for Arizona project

Livemint

Livemint · 1y ago

Taiwanese chip-making giant TSMC gets $6.6 billion for Arizona project

Taiwan Semiconductor Manufacturing (TSMC) will receive up to $6.6 billion in government funding for its factory complex in Arizona. In addition, TSMC plans to invest over $65 billion and expand the manufacturing complex to include a third chip factory, which will produce cutting-edge 2-nanometer chips. This initiative is part of a broader goal to bring chip-making back to the US and improve national security. The project is projected to create over 20,000 construction jobs and 6,000 permanent jobs. TSMC's investment in Arizona is seen as a strategic move to diversify its production footprint beyond Taiwan.

Cisco to establish cybersecurity centre in Taiwan

Economic Times

Economic Times · 1y ago

Cisco to establish cybersecurity centre in Taiwan

U.S. networking equipment manufacturer Cisco has announced plans to establish a cybersecurity center in Taiwan as part of its Taiwan Digital Acceleration Plan 3.0. The company also intends to work with the Taiwanese government to tackle the global talent shortage in the cybersecurity sector. Taiwan has been the target of cyberattacks from China, which Beijing denies. Cisco aims to partner with tech associations to enhance threat intelligence and cyber readiness in Taiwan. Details of the investment involved were not disclosed. The company also intends to invest in artificial intelligence initiatives in transportation and sustainability.

Taiwan on alert over 'waves' of missile tests in north China

Money Control

Money Control · 1y ago

Taiwan on alert over 'waves' of missile tests in north China

Taiwan's defense ministry reported that it is closely monitoring multiple "waves" of missile tests occurring in China's Inner Mongolia region. Taiwan, which China considers as its own territory, keeps a watchful eye on Chinese military activities given the regularity of Beijing's actions near the island. The missile tests by China's Rocket Force have prompted Taiwan to keep its air defense forces on alert. China's defense ministry has not yet responded to requests for comment. Taiwan's radar stations, located in its central mountain range, enable surveillance into China.

Chip giant TSMC shifts away from hotspot Taiwan with Japan plant

Economic Times

Economic Times · 1y ago

Chip giant TSMC shifts away from hotspot Taiwan with Japan plant

Taiwan Semiconductor Manufacturing Company's (TSMC) new chip plant in Japan aims to improve chip supply resilience globally, according to TSMC founder Morris Chang. With Apple and Nvidia as clients, TSMC produces half of the world's chips but faces pressure to diversify from Taiwan due to China's increasing assertiveness. The new facility in Kyushu, Japan, is a significant international investment for TSMC and strengthens the political ties between Taiwan and Japan. Japan is offering substantial state incentives to attract semiconductor firms, aiming to triple domestically produced chip sales by 2030.

Taiwan pledges chip talks with US, more investment to mollify Donald Trump

Economic Times

Economic Times · 5m ago

Taiwan pledges chip talks with US, more investment to mollify Donald Trump

Taiwan President Lai Ching-te promised to address U.S. concerns over the semiconductor industry, pledging increased investment and purchases from the U.S. while raising defense spending. This comes after Donald Trump's criticism of Taiwan for impacting U.S. chip manufacturing. Lai emphasized a collaborative global semiconductor supply chain and proposed building an AI chip alliance. Taiwan's TSMC, pivotal in the industry, is investing $65 billion in U.S. factories, amid Taiwan-U.S. trade and defense relations.

US considering more than $10 billion in subsidies for Intel

Economic Times

Economic Times · 1y ago

US considering more than $10 billion in subsidies for Intel

The Biden administration is reportedly in talks to provide over $10 billion in subsidies to Intel Corporation. The award package is expected to include loans and direct grants. This move is a part of the U.S. government's efforts to boost semiconductor manufacturing by supporting chip production and supply chain investments. The funding would help Intel build chip factories in Arizona, New Mexico, and Ohio, potentially making the Ohio facility the world's largest chip plant. Other companies like Micron, Samsung Electronics, and Taiwan Semiconductor Manufacturing Co. have also applied for U.S. funding for their chip factory construction projects.

Taiwan to simulate impact of US tariffs on semiconductor sector

Economic Times

Economic Times · 3m ago

Taiwan to simulate impact of US tariffs on semiconductor sector

Taiwan plans to simulate the impact of potential U.S. tariffs on its semiconductor industry and seek dialogue with Washington, according to Taiwan's economy minister, Kuo Jyh-huei. The U.S. is considering imposing tariffs on imported chips, largely from Taiwan, due to national security concerns. With Taiwan as a critical supplier to U.S. tech firms like Apple and Nvidia, Kuo emphasized Taiwan's commitment to ensuring fair competition and maintaining strong U.S.-Taiwan chip industry collaborations.

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