Nvidia and TSMC Suspend Production as Powerful 6.4 Magnitude Earthquake Rocks Taiwan

"Nvidia and TSMC Halt Production After 6.4 Quake Hits Taiwan"

A 6.4 magnitude earthquake in southern Taiwan forced TSMC to evacuate facilities, causing minor injuries but minimal structural damage.
Alex Chen3 hours agoLast Update :
Nvidia, Apple-Supplier TSMC Halts Production As 6.4 Magnitude Earthquake Strikes Taiwan - NVIDIA (NASDAQ:NVDA), Apple (NASDAQ:AAPL)
www.benzinga.com

A 6.4 magnitude earthquake struck southern Taiwan on January 21, 2025, prompting Taiwan Semiconductor Manufacturing Co. (TSMC) to evacuate its facilities in a region vital for global chip supply. The quake’s epicenter was located in Dapu township, Chiayi county, at a depth of 9.4 kilometers, according to Taiwan’s weather administration.

6 Key Takeaways
  • 6.4 magnitude earthquake hits southern Taiwan.
  • TSMC evacuates critical semiconductor facilities.
  • Minor injuries reported; structural damage minimal.
  • Previous earthquake in April caused fatalities.
  • TSMC stock down 0.45% post-quake.
  • TAIEX index slightly declines by 0.032%.
Fast Answer: A 6.4 magnitude earthquake hit southern Taiwan on January 21, 2025, leading TSMC to evacuate key facilities. The quake caused minor injuries to at least 15 people, with initial reports indicating minimal structural damage. This event follows a more severe earthquake in April 2024 that disrupted semiconductor operations.

The earthquake occurred early Tuesday, affecting operations at TSMC, which supplies chips to major tech companies like Apple Inc. and NVIDIA Corp. The company confirmed that staff were evacuated from its central and southern Taiwan facilities. Reports indicate that while there was minimal structural damage, the incident has raised concerns about the stability of semiconductor production in the region.

At least 15 individuals sustained minor injuries, with six people rescued from a collapsed house in Tainan city, where TSMC operates significant fabrication plants. This earthquake follows a more severe 7.4 magnitude quake in April 2024, which resulted in 13 fatalities and significant disruptions to semiconductor operations.

  • Magnitude: 6.4
  • Location: Dapu township, Chiayi county
  • Depth: 9.4 kilometers
  • Injuries: At least 15 reported
  • Previous significant quake: 7.4 magnitude in April 2024

Taiwan’s geographical position along the Pacific “Ring of Fire” makes it prone to seismic activity. Past earthquakes in 2016 and 1999 caused substantial casualties and industrial disruptions. TSMC’s stock was trading at NT$ 1,115 ($34.15), down 0.45%, while the TAIEX index was at 23,259.39, reflecting a slight decline for the day.

Notice: Canadian readers should be aware of the potential impact of seismic events on global supply chains, particularly in the tech sector, as Taiwan is a critical hub for semiconductor manufacturing.

This earthquake highlights the ongoing vulnerabilities in Taiwan’s semiconductor industry, which plays a crucial role in the global technology supply chain. As recovery efforts begin, the focus will be on assessing damage and ensuring the safety of workers in the affected regions.

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