Apple, Nvidia Key Supplier TSMC Leads Taiwanese Chip Giants To Localize Neon Gas Production By 2025

Quick Summary:

In an effort to bolster supply chain resilience, Taiwan’s leading chip manufacturers are set to begin domestic production of neon gas by 2025, in partnership with local steel and gas firms.

What Happened: Apple Inc.and Nvidia Corp.key chip supplier Taiwan Semiconductor Manufacturing Co.(NYSE:TSM), Winbond, and United Microelectronics Corp.(NYSE:UMC) are leading this initiative.

This move aims to secure a stable supply of neon gas, a key chipmaking material, which was previously disrupted by the Ukraine war, Nikkei Asia reported on Tuesday.

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Category: Technology

Markets: United StatesChinaTaiwanUkraine

Topics: TSM US8740391003 AAPL General Stories That Matter NVDA Chip manufacturer Tech US67066G1040 UMC Neon gas Consumer Tech US0378331005 News US9108734057 Benzinga Taiwan Pooja Rajkumari Global

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-03 @ 13:01:42 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 304 words

Reading Time: 2 minutes read

Sentences: 15 lines

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Copyright Owner: © Benzinga

News ID: 22348672

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