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Taiwan Semiconductor Manufacturing Co, the leading producer of advanced chips for Apple Inc and Nvidia Corp, said it would resume production less than 24 hours after evacuating staff and halting operations. The company said there has been no damage to its most critical chip-making equipment.
Dublin, April 04, 2024 (GLOBE NEWSWIRE) -- The
US Semiconductor Demand: The investment will move Indiana to the forefront of artificial intelligence in America, said Purdue University President Mung Chiang said. The new plant will be built at the Purdue Research Park, an economic development incubator at the university.
Taiwan Earthquake: Taiwan was rocked Wednesday by a powerful 7.4 magnitude earthquake with at least nine people killed and over 1000 injured, causing widespread disruption in chip fabrication plants located in Taiwan for a few hours.
During a presentation for investors, Chief Executive Pat Gelsinger said 2024 would be the year of worst operating losses for the company's chipmaking business and that it expects to break even on an operating basis by about 2027.