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Nvidia, Apple-Supplier TSMC Halts Production As 6.4 Magnitude Earthquake Strikes Taiwan - NVIDIA (NASDAQ:NVDA), Apple (NASDAQ:AAPL)

1. A 6.4 magnitude earthquake struck southern Taiwan, affecting TSMC operations. 2. TSMC supplies chips to Apple, indicating potential downstream supply chain issues. 3. Minimal structural damage reported, but the event follows a recent severe quake. 4. Taiwan's seismic risk could disrupt semiconductor production and lead to price fluctuations. 5. At least 15 people injured; facility evacuations could impact chip supply timelines.

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FAQ

Why Bullish?

While TSMC faced some disruptions, minimal damage may prevent severe supply bottlenecks, potentially stabilizing AAPL's chip supply.

How important is it?

The earthquake impacts TSMC, a key supplier for AAPL, indicating potential near-term supply chain risks.

Why Short Term?

Immediate disruptions could affect supply; historical events show recovery can occur quickly.

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