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TSMC Stock (TSM) Wilts as Iranian Attacks Batter Helium Supply and Threaten Chip Production [Yahoo! Finance]
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US:NASDAQ Investor Relations: ir.tesla.com
AI stock Nvidia (NVDA) and EV maker Tesla (TSLA) could also soon be in the firing line because of the rapid hike in helium prices. Claim 70% Off TipRanks Premium Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential The recent attacks on energy facilities in the Gulf States by Iran following the outbreak of war with the U.S. and Israel have seen gas and oil prices spike higher. Helium is Pivotal in Semiconductor Production But the gas supply disruption has also tightened the supply of helium, which is a natural gas byproduct and pivotal in semiconductor manufacturing. Qatar, which suffered a pounding from Iranian missiles last night, is the world's second-largest helium producer, supplying a third of global output. Putting on a science hat, helium is essential in creating the right conditions for semiconductor manufacturing. That include
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