A 7.4-magnitude earthquake struck Taiwan off the island’s east coast on Wednesday and temporarily disrupted production at semiconductor factories that produce chips major Silicon Valley companies rely on for products and services. Chiang Ying-ying/AP
Chiang Ying-ying/AP
The powerful earthquake that struck Taiwan on Wednesday temporarily paused chipmaking at factories along the island’s west coast, briefly putting the tech industry on edge.
And that’s because of just how dependent the global economy is on semiconductor chips produced in Taiwan.
An estimated 92% of the world’s most sophisticated chips are manufactured
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