Hurricane Helene Chip Shortage: What TSMC and Other Major Chipmakers Say
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 03 2024
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Source: Barron's
Impact of Hurricane Helene on Spruce Pine: The town of Spruce Pine, crucial for high-purity quartz used in semiconductor production, faced infrastructure damage from Hurricane Helene, leading to temporary shutdowns of mining operations by Sibelco and The Quartz Corp.
Supply Chain Resilience: Despite concerns over potential disruptions in the chip-making supply chain, experts and major chip manufacturers like Samsung and TSMC express confidence in their inventory levels and diversified sourcing strategies, indicating that any impact from the mine closures may be overstated.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
