TSMC bounces back from Taiwan earthquake – top chipmaker says production is already back up to speed despite devastating earthquake

On Wednesday, April 3, Taiwan’s strongest earthquake in 25 years killed at least nine people and injured or trapped hundreds more. The magnitude 7.4 earthquake was followed by more than 200 aftershocks, dozens of which had magnitudes of at least 6.5.

Taiwan, which regularly experiences earthquakes due to its location on the Pacific Ring of Fire, produces 80-90% of high-end chips for advanced applications such as smartphones and AI. Although the epicenter of the massive earthquake was on the eastern side of Taiwan, in Hualien province, it was strong enough to be felt in the capital Taipei, about 150 kilometers south. This led TSMC, the main contract chipmaker for Apple, Nvidia and AMD, to evacuate employees and suspend operations.