TSMC Maintains Strong Recovery Post-Earthquake
Company Announcements

TSMC Maintains Strong Recovery Post-Earthquake

Taiwan Semiconductor Manufacturing (TSM) has released an update.

Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) has efficiently managed a rapid recovery following a significant 7.2 magnitude earthquake in Taiwan, with over 70% of their facilities’ tool operations restored within 10 hours. The company’s new Fab 18 facility has seen over 80% recovery. Despite the quake, TSMC upholds its full-year revenue growth forecast in the low-to-mid twenties percentage, as previously stated in January.

For further insights into TSM stock, check out TipRanks’ Stock Analysis page.


Price Change
S&P 500
Dow Jones
Nasdaq 100

Popular Articles