Chipmakers TSMC, ASE, UMC Update Amidst Taiwan’s Power Outage

Taiwan Semiconductor Manufacturing Co Ltd’s (NYSE:TSM) multiple plants in Taiwan experienced short “power dips” after large parts of the island were hit by power cuts, Reuters reports.
The leading contract chipmaker was checking for “any actual impact.”
Bloomberg reports that a failure at the Hsinta coal-fired power plant in Kaohsiung led to a power outage in southern Taiwan on March 3 morning.
The outage triggered blackouts in central and northern Taiwan, including the capital Taipei. The power supply to northern Taiwan resumed by about noon.
The outage impacted parts of the chip-making hub of Hsinchu. The Hsinchu Science Park power supply remained normal.
ASE Technology Holding Co Ltd (NYSE:ASX) acknowledged the limited impact from the outage and that power supplies were gradually resuming.
United Microelectronics Corp (NYSE:UMC) said its facilities in southern Taiwan were also coming back online.
Price Action: TSM shares traded lower by 0.37% at $109.20 premarket on the last check Thursday.