Taiwan Semiconductor Manufacturing Co. evacuated factories following a 6.4 magnitude earthquake near the city of Chiayi that injured at least four people and suspended work at factories across the island’s south.

TAIPEI (Reuters) -Chipmaker TSMC said on Tuesday that all its sites were operating following an overnight 6.4 magnitude earthquake in southern Taiwan that was centred on a mountainous rural area and caused only minor damage and light injuries.

TSMC resumes production at facilities located in two cities in Taiwan that were affected by a magnitude 6.4 earthquake.

Donald Trump has been vocal against the Chips and Science Act. TSMC chief of finance still expects US funding to continue in 2025.

Despite concerns over President-elect Trump's criticism of Taiwan's alleged semiconductor industry appropriation, TSMC's CFO Wendell Huang expressed confidence that the company will continue receiving CHIPS Act funding as its Arizona projects progress.