5 Companies That Had A Rough Week

Chip Maker Virus Threatens Apple Supply Chain

A key supplier to Apple's iPhones, Taiwan Semiconductor Manufacturing Co., this week, reported a virus outbreak that will delay shipments of at least some of its chips. Taiwan-based TSMC manufactures the CPU used in iPhones, which in the case of the iPhone X and iPhone 8 is the A11 processor. TSMC is also producing the CPU for the next iPhones, which are expected to be unveiled in September.

TSMC reported the virus hit on Aug. 3, affecting multiple computer systems and fab tools in Taiwan. About 80 percent were recovered by Monday. Reuters reported the impact of the virus is likely limited, but could delay shipments for Apple's fall iPhone launches.