TSMC says January 21 6.4-magnitude earthquake will take a toll on Q1 earnings: The quake and aftershocks caused no structural damage to the company's chip factories. But a number of wafers in process were impacted and had to be scrapped.
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But a number of wafers in process were impacted and had to be scrapped. As a result, the revenue forecast for the first quarter of 2025 is now anticipated to be closer to the lower end of the guidance range of $25 billion and $25.8 billion.
Based on a preliminary assessment, the company estimated related earthquake losses to $163 million after an insurance claim. Here's a reason to have fabs in the U.S.
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