- 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.
