A 7.2 magnitude earthquake struck Taiwan today.
Analysts believe the event may cause delays for NVIDIA Corp. ($NVIDIA Corporation NVDA$), as their GPU production depends on Taiwan Semiconductor Manufacturing Co. ($Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR TSM$), which now faces equipment reexamination and maintenance.
Storage equipment is also likely to require servicing post-quake, potentially leading to price increases for storage solutions. The maintenance period could last from one to three months.
Read more:
- TSMC Hit by Magnitude 7.2 Earthquake: $60M Impact, Guotai Research Report
- Micron Technology Assessing Impact of April 3 Earthquake
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