TSMC estimates losses of $92.4 million due to Taiwan earthquake
The Star Online - Tech·2024-04-19 08:00
BEIJING (Reuters) - Taiwan chipmaker TSMC said the biggest earthquake in at least 25 years that struck the island on April 3 caused estimated losses of T$3 billion ($92.44 million) to the company in the second quarter.
The quake is also expected to bring a 50-basis point drop to TSMC's second quarter gross margin, it said in a filing to the Taiwan Stock Exchange.
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