India's Power Crisis Threatens Chip Manufacturing

India's severe power shortages due to sweltering nights are critically threatening the country's semiconductor industry. Reports indicate that 40% of chip manufacturing facilities are experiencing power outages. This situation could lead to production slowdowns at TSMC's Indian plants. Additionally, ASML's challenges in exporting chip machines to India have been noted. Efforts are accelerating to secure independent supply of rare earth elements from China to India. The crisis poses a significant risk to revenue streams for chipmakers like Nvidia and AMD. Industry futurists are closely monitoring how India's power crisis will impact the chip sector and the broader global supply chain.