April 3 Earthquake Could Impact GPU Prices: Analysts

M+ Global Updates 03/04/2024 11:54

A 7.2 magnitude earthquake struck Taiwan today.

Analysts believe the event may cause delays for NVIDIA Corp. ($NVIDIA Corporation NVDA$), as their GPU production depends on Taiwan Semiconductor Manufacturing Co. ($Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR TSM$), which now faces equipment reexamination and maintenance.

Storage equipment is also likely to require servicing post-quake, potentially leading to price increases for storage solutions. The maintenance period could last from one to three months.

Read more:

  1. TSMC Hit by Magnitude 7.2 Earthquake: $60M Impact, Guotai Research Report
  2. Micron Technology Assessing Impact of April 3 Earthquake