WS #12898
Magnitude-7.1 earthquake in Kumamoto, Japan, causes casualties, mall collapse, and forces TSMC to evacuate its chip plant, threatening semiconductor supply. Nasdaq 100 heads for correction as AI worries mount; semiconductor stocks gap down sharply at open (MU -6.5%, AMD -5.6%, DELL -6.2%, INTC -5.5%). Apple surpasses $5 trillion market cap for the first time, becoming the second company to do so, while launching a new device leasing program with Klarna.
Japan earthquake disrupts chip supply chain
Magnitude-7.1 earthquake in Kumamoto, Japan, causes casualties, mall collapse, and forces TSMC to evacuate its chip plant, threatening semiconductor supply.
Nasdaq 100 heads for correction as AI worries mount; semiconductor stocks gap down sharply at open (MU -6.5%, AMD -5.6%, DELL -6.2%, INTC -5.5%).
Apple surpasses $5 trillion market cap for the first time, becoming the second company to do so, while launching a new device leasing program with Klarna.