Quake Hits TSMC Facility

Benzinga

TSMC activated emergency protocols after a magnitude 7.0 earthquake near Taiwan, with no structural damage reported but potential wafer losses and revenue impact from advanced-node disruptions.

Transcript

00:00It's Benzinga, bringing Wall Street to Main Street.

00:03Taiwan Semiconductor Manufacturing Company came under renewed scrutiny after a magnitude 7.0

00:08earthquake struck waters off northeastern Taiwan late December 27th, according to Reuters.

00:13The event prompted precautionary measures at several facilities.

00:17The company told Reuters that parts of its Shinshu Science Park operations

00:20reached evacuation thresholds, triggering emergency protocols.

00:25No structural damage was reported, but sensitive tools,

00:28including extreme ultraviolet lithography systems, automatically shut down as designed.

00:34Taiwan Semiconductor may need to scrap or re-inspect wafers in process, according to Chosun Biz.

00:41Impact at the Tainan site was more limited, though advanced nodes could affect revenue.

00:47Shares were down 0.58% pre-market on Monday.

00:50For all things money, visit Benzinga.com.

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