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Posted on 05/04/2024

Chip shortage again? 70% production resumes after Taiwan earthquake

The Taiwan earthquake has again sparked concerns about chip shortage in select pockets. But initial reports indicate there may not be much to worry as of now as Taiwan slowly returns to normalcy.

Posted on 05/04/2024

Thursday briefing: World Central Kitchen aid; Taiwan earthquake; snow forecast; George Carlin AI comedy special; and more

More than 600 people remain trapped after a huge earthquake in Taiwan.

Posted on 04/04/2024

Global Market Update: China, Hong Kong, and Taiwan Closed | Dow’s 40-Point Slip & Market Rebounds!

Stable signals from global markets, markets of China, Hong Kong and Taiwan closed today... Mixed trading in US... Dow slipped 40 points amid trading in the range of 300 points... Slight gain on S&P ...

Posted on 04/04/2024

Chipmaker Cerebras Systems Picks Citigroup for IPO

Chipmaking startup Cerebras Systems Inc. has picked Citigroup Inc. as the lead bank on its initial public offering, according to people familiar with the matter.Most Read from BloombergA Million ...

Posted on 04/04/2024

Taiwan’s tallest skyscraper uses a massive pendulum to protect itself from earthquakes

Once known as the Taipei World Financial Centre, the skyscraper was the tallest skyscraper in the world when it was completed in 2004. It held the title until 2009, when the Burj Khalifa in Dubai ...

Posted on 04/04/2024

Taiwan Earthquake: 9 Dead, Workers Trapped Following 7.4-Magnitude Tremor

Taiwan's national fire agency said seven people died in the quake, which struck just before 8 a.m. The local United Daily News reported three hikers died in rockslides in Taroko National Park and a ...

Posted on 04/04/2024

Taiwan Begins Recovery From Quake as TSMC Resumes Production

Taiwan’s semiconductor industry restarted operations and emergency personnel worked to help injured and trapped citizens as the island begins to recover from its worst earthquake in 25 years.Taiwan ...

Posted on 04/04/2024

Asia stocks poised to gain as investors assess Powell’s comments; Hong Kong, China and Taiwan markets closed

Markets in Hong Kong, mainland China and Taiwan are closed for a public holiday. In Australia, the S&P/ASX 200 rose 0.54%, on pace to snap two days of losses. Japan's Nikkei 225 was also set to regain ...

Posted on 04/04/2024

Taiwan’s strongest earthquake in a quarter century kills 9 and injures more than 1,000

The numbers of people missing, trapped or stranded fluctuated as authorities learned of more in trouble and worked to locate or free them.

Posted on 04/04/2024

UPDATED: Fierce earthquake rattles Taiwan, killing 9 and injuring more than 1,000

The strongest earthquake in a quarter-century rocked Taiwan Wednesday morning, killing nine people, stranding dozens at quarries and a national park, and sending some residents ...

Posted on 04/04/2024

Taiwan earthquake briefly halts chip factories that power the global economy

The Taiwan Semiconductor Manufacturing Co., which makes more than 90% of world's most advanced chips, also halted production, but it plans to resume chipmaking overnight.

Posted on 04/04/2024

Taiwan earthquake, strongest in 25 years, kills 9, strands workers

The quake also injured more than 1,000 and pushed some buildings to lean at severe angles, their ground floors crushed.

Posted on 04/04/2024

$2.2 trillion Nvidia is colliding with Taiwan’s biggest earthquake in 25 years as its key chip supplier grapples with factory fallout

The 7.4-magnitude earthquake that hit Taiwan Wednesday morning could rock AI darling Nvidia ... accounting for 11% of TSMC’s revenue, according to financial analyst Dan Nystedt. With a market ...

Posted on 04/04/2024

Strongest earthquake in 25 years rocks Taiwan, killing 9 people and stranding 70 workers in quarries

Taiwan is regularly jolted by quakes and its population is ... Parts of the electricity grid were shut down, possibly leading to disruptions in the supply chain and financial losses. Taiwanese ...

Posted on 04/04/2024

Taiwan Quake Ripples Across Semiconductor ETFs

The biggest earthquake to hit Taiwan in 25 years is raising concerns about global semiconductor supply disruptions and sparked a leap in trading of ETFs that focus on chip manufacturing. The 7.4 ...

Posted on 04/04/2024

Strongest earthquake in 25 years rocks Taiwan, killing 9 people and trapping 70 workers in quarries

Taiwan is regularly jolted by quakes and its population is ... Parts of the electricity grid were shut down, possibly leading to disruptions in the supply chain and financial losses. Taiwanese ...

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