Major Taiwan earthquake temporarily halts production at Nvidia and AMD chipmaker

The Taiwan Semiconductor Manufacturing Co. logo atop a building at the Hsinchu Science Park in Hsinchu, Taiwan, on Tuesday, Oct. 17, 2023. TSMC is scheduled to release earnings results on Oct. 19.

A ~7.4 magnitude earthquake that struck Taiwan on Wednesday morning has left many injured and at least seven dead in official reports. The earthquake, one of the strongest to hit the island in decades, also led to TSMC, the largest manufacturer of computer chips in the world, closing its doors temporarily.

TSMC, the primary manufacturer of many of today’s leading performance computer chips, including those from Nvidia, AMD, and Apple, had reportedly halted production and evacuated some locations, according to a report from Bloomberg.