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Water scarcity threatens chipmakers like TSMC and could push prices higher, according to S&P

2024-02-29 09:18:09       source:CNBC

February 28, 2024


Semiconductor firms such as Taiwan Semiconductor Manufacturing Company are at risk of water shortages as processing technology advances, S&P Global Ratings said in a report.


Semiconductor chips are found in everyday consumer devices from smartphones to TVs. TSMC is the world’s largest contract chipmaker and manufactures the most advanced processors for companies like Nvidia and Apple.


The chip making industry is a thirsty one, as factories consume vast amounts of water every day to cool machinery and ensure wafer sheets are free of dust or debris.


Read more:

https://www.cnbc.com/2024/02/29/climate-change-could-push-chip-prices-higher-heres-how.html