Water scarcity threatens chipmakers like TSMC and could push prices higher, according to S&P
Publishing timestamp: 2024-02-28 22:50:58
Summary
Water shortages could impact semiconductor firms like TSMC, but TSMC's dominance in the industry may allow it to charge higher prices. The semiconductor industry is at risk of water shortages as technology advances, and TSMC's water consumption has increased with more advanced processes. However, TSMC's focus on producing more advanced chips and its ability to lock in demand may help mitigate the impact of water-related disruptions on its business.
Sentiment: MIXED
Keywords: apple inc, breaking news: technology, business news, climate, nvidia corp, technology, taiwan semiconductor manufacturing co ltd,
Source: https://www.cnbc.com/2024/02/29/climate-change-could-push-chip-prices-higher-heres-how.html