Taiwan's energy crunch could 'throw a wrench' into the global semiconductor industry
Publishing timestamp: 2024-06-10 20:51:55
Summary
Taiwan is facing an energy and electricity crunch, with frequent power outages and disruptions. The reliance on imports for over 97% of energy needs, primarily from coal and gas, makes the island vulnerable. The semiconductor industry, which requires a lot of energy, is at risk due to potential power shortages. Rising electricity prices and supply disruptions could impact chipmakers like TSMC, leading to higher costs for consumers and potential global semiconductor price increases. The future electricity consumption in Taiwan's semiconductor manufacturing industry is uncertain, posing challenges for meeting energy needs and reliability concerns for major tech firms.
Sentiment: MIXED
Keywords: energy, business news, taiwan, environment, apple inc, nvidia corp, taiwan semiconductor manufacturing co ltd,