tiprankstipranks
TSMC Responds Effectively to Major Earthquake
Company Announcements

TSMC Responds Effectively to Major Earthquake

Taiwan Semiconductor Manufacturing (TSM) has released an update.

Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) has reported a swift and effective response to the recent magnitude 7.2 earthquake in Taiwan, with safety protocols successfully implemented and no major damages to critical facilities. TSMC announced over 70% recovery in tool operations within 10 hours, expecting full restoration shortly, and assures ongoing communication with customers as they continue to assess and mitigate the impact on production lines.

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

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles