10:38 AM EDT, 04/04/2024 (MT Newswires) -- Taiwan Semiconductor Manufacturing ( TSM ) said Thursday that work has resumed following further inspections after the 7.2 magnitude earthquake that hit Taiwan on Wednesday.

"As of April 4, overall tool recovery of our fabs reached more than 80%, with new fabs such as the Fab 18 facility are expected to reach full recovery later tonight," the chipmaker said in a regulatory filing.

The company said that all available resources are being deployed for full recovery, adding that it is continuing to resume production.

The company's facility in the city of Tainan in southern Taiwan is the top producer of advanced chips for Apple ( AAPL ) and Nvidia ( NVDA ) , according to a Bloomberg report.

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