News Snapshot:
This morning, the U.S. woke up to the news that a powerful 7.4 magnitude earthquake had hit Taiwan, the strongest earthquake in the region over the last 25 years. After worrying about the human toll of this tragedy and how expensive and time-consuming it will be to rebuild, the next thought many had was whether the world's leading contract chip foundry, TSMC, suffered serious damage and what the effect might be to its top customers such as Apple, MediaTek, AMD, and Qualcomm. CNN reports that the quake killed nine people while buildings collapsed and landslides were spotted. TSMC is located...