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☆ Chip mining town begins recovery
▼ + stars: | 2024-10-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChip mining town begins recoveryCNBC's Megan Cassella joins CNBC's 'The Exchange' with the latest details on how Spruce Pine, North Carolina, is beginning recovery from Hurricane Helene.

Persons: Megan Cassella, Hurricane Helene Locations: , North Carolina, Hurricane

Spruce Pine, North Carolina has no running water or electricity, more than a week after Helene ripped through the town of 2,200. Mines in Spruce Pine produce the world’s purest form of quartz, which plays a central role in chip manufacturing. Now, the town’s exceedingly valuable supply of high-purity quartz is at risk, threatening to cripple the $600 billion global semiconductor industry. “The Spruce Pine community has been hit particularly hard,” Sibelco said in a statement on Sept. 30. For the semiconductor industry, the challenges that any long-term disruption to the Spruce Pine mines would present cannot be overstated, experts say.

Persons: Hurricane Helene, Helene, ” Sibelco, “, ”, Lita Shon, Roy, Spencer Bost, “ it’s, Shon, ” Shon, Dustin Mulvaney, ” Mulvaney Organizations: Mines, Quartz Corp, National Weather Service, Downtown, San Jose State University Locations: Hurricane, Spruce Pine , North Carolina, China, Asia, North Carolina, “, Downtown Spruce

☆ Devastation from Hurricane Helene could bring semiconductor chipmaking to a halt
▼ + stars: | 2024-10-02 | by ( Clare Duffy | Dianne Gallagher | ) edition.cnn.com time to read: +7 min

In addition to this, our teams are joining the local taskforces to try to restore the most basic services and bring further supplies to Spruce Pine,” The Quartz Corp said in a statement. The Quartz Corp facility near Spruce Pine, North Carolina, is seen during a CNN flyover of the area on Monday, September 30. And while quartz is abundant around the world, the kind of ultra-high-purity quartz mined in Spruce Pine is not. The Spruce Pine mines provide an estimated 80% to 90% of the world’s high-purity quartz — experts say the exact amount is proprietary and unknown — supplying semiconductor manufacturers like chipmaking giant Taiwan Semiconductor Manufacturing Company. However, Wang said that despite the scale of the devastation in Spruce Pine, there is still reason for optimism.

Persons: Hurricane Helene, Helene, —, ”, Seaver Wang, Spencer Bost, ” Bost, ’ ” Sibelco, “, Sibelco, that’s, Gregory Allen, David Bader, CSIS’s Allen, Wang, ” Wang Organizations: New, New York CNN, Quartz Corp, Breakthrough Institute, Downtown, CNN, Belgian, Wadhwani Center, AI, Technologies, Center for Strategic, International, Taiwan Semiconductor Manufacturing Company, Institute for Data Science, New Jersey Institute of Technology Locations: New York, North Carolina, Hurricane, Spruce Pine, United States, Sibelco, Silicon, Downtown Spruce, Norwegian, Spruce, Spruce Pine , North Carolina, “

☆ Hurricane Helene's devastation has blocked access to a one-of-a-kind mine for AI chips
▼ + stars: | 2024-09-30 | by ( Tom Carter | Geoff Weiss | ) www.businessinsider.com time to read: +5 min

Hurricane Helene tore through North Carolina over the weekend, causing widespread devastation. Spruce Pine was hit with over 2 feet of rain between Tuesday and Saturday, The Associated Press said. The two firms play a huge role in the global supply chain that ultimately ends in smartphones and powering cutting-edge AI systems. "The quartz in Spruce Pine formed deep in the Earth without a lot of water carrying in other impurities," Yinan Wang, a geologist, said. That's because the Spruce Pine mines are singular in their scale, he said.

Persons: Helene, —, Hurricane Helene, Ed Conway, we've, Yinan Wang, Conway, Seaver Wang, Wang Organizations: Service, Associated Press, Pine Police Department, ., Quartz Corp, Sky News, Breakthrough Institute Locations: North Carolina, Spruce, Spruce Pine, Western North Carolina, Mitchell County, Pine

☆ North Carolina: Communities are coming together to rebuild after Hurricane Helene
▼ + stars: | 2024-09-30 | by ( Dianne Gallagher | Michelle Watson | ) edition.cnn.com time to read: +8 min

“My parents live in an absolute gem of the North Carolina mountains,” Perkins said in a post about his experience. “I have never been so relieved to see anyone OK,” Perkins told CNN, adding his parents are in their 70s, but pretty resourceful people. The couple and their dog were forced to climb onto their neighbor’s roof for safety, Jim Bourdy told CNN Sunday. Meredith Keisler during an interview in Asheville, North Carolina, on September 29. Asheville is a strong community.”Coleman speaks during an interview in Asheville, North Carolina, on September 29.

Persons: Hurricane Helene, Sam Perkins, “, ” Perkins, “ Little, Helene, Roy Cooper, Cooper, Perkins, ’, ”, I’ve, McDowell, Jim, Allie Bourdy, Jim Bourdy, Bourdy, Piper, ” Bourdy, Meredith Keisler, CNN Bourdy, “ I’ve, ” Keisler, Michelle Coleman, she’s, ” Coleman, CNN Gary O’Dell, he’s, ” O’Dell, There’s, we’ve, O’Dell, Lucy Tavernier, it’s, Tavernier Organizations: CNN, “, North, Gov, Southern Hospitality, Department of Transportation, Village, Asheville Dream, CNN Sunday Locations: Hurricane, North Carolina, Pine, Little Switzerland, Asheville, United States, Buncombe County, Buncombe, McDowell County, “, Asheville , North Carolina, Vietnam, East Asheville, ”

☆ ‘The life that we built here is gone’: Helene devastated western North Carolina. Communities are coming together to rebuild
▼ + stars: | 2024-09-29 | by ( Dianne Gallagher | Michelle Watson | ) edition.cnn.com time to read: +8 min

“I have never been so relieved to see anyone OK,” Perkins told CNN, adding his parents are in their 70s, but pretty resourceful people. The couple and their dog were forced to climb onto their neighbor’s roof for safety, Jim Bourdy told CNN Sunday. Meredith Keisler during an interview in Asheville, North Carolina, on September 29. Michelle Coleman, the executive director of a religious outreach organization called Asheville Dream Center, told CNN that she’s never seen Asheville in this state before. Asheville is a strong community.”Coleman speaks during an interview in Asheville, North Carolina, on September 29.

Persons: Hurricane Helene, Sam Perkins, “, ” Perkins, “ Little, Helene, Roy Cooper, Cooper, Perkins, ’, ”, I’ve, McDowell, Jim, Allie Bourdy, Jim Bourdy, Bourdy, Piper, ” Bourdy, Meredith Keisler, CNN Bourdy, “ I’ve, ” Keisler, Michelle Coleman, she’s, ” Coleman, CNN Gary O’Dell, he’s, ” O’Dell, There’s, we’ve, O’Dell, Lucy Tavernier, it’s, Tavernier Organizations: CNN, “, North, Gov, Southern Hospitality, Department of Transportation, Village, Asheville Dream, CNN Sunday Locations: Hurricane, North Carolina, Pine, Little Switzerland, Asheville, United States, Buncombe County, McDowell County, “, Asheville , North Carolina, Vietnam, East Asheville, ”

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