Nvidia and Apple supplier TSMC halt production due to a 6.4-magnitude earthquake that struck Taiwan – NVIDIA (NASDAQ:NVDA), Apple (NASDAQ:AAPL)

A 6.4-magnitude earthquake struck southern Taiwan early Tuesday, forcing Taiwan Semiconductor Manufacturing (TSM) to evacuate its facilities in an area vital to global chip supplies, marking the second significant seismic event to impact semiconductor operations in recent months. .

The epicenter of the quake was in Dabu Town, Chiayi Province, at a depth of 9.4 kilometers, according to the Taiwan Meteorological Administration.

TSMC, which supplies chips to major technology companies including Apple Inc, confirmed the announcement. AAPL and NVIDIA Corp NVDA evacuated employees at their facilities in central and southern Taiwan, although initial reports indicated minimal structural damage, according to Reuters.

At least 15 people were slightly injured, including six rescued from a collapsed house in Tainan City, where TSMC operates major manufacturing plants. This incident comes on the heels of the more severe earthquake that occurred in April 2024, which measured 7.4 magnitude, killing 13 people and disrupting semiconductor operations.

Taiwan's location along the Pacific “Ring of Fire” makes it vulnerable to earthquakes, with previous major incidents in 2016 and 1999 causing major losses and industrial disruption, according to the Associated Press.

TSMC is trading at NT$1,115 (US$34.15) on the Taiwan Stock Exchange, down 0.45% as of 9:12 a.m. local time. Hon Hai Precision Industry Co., Ltd. rebounded. Ltd., also known as Foxconn, from the early decline and is currently trading at NT$178.50 (US$5.47), up 0.28%.

Meanwhile, the TAIEX index, which tracks companies on the Taiwan Stock Exchange, stands at 23,259.39, down 0.032% on the day.

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