An 8.3 magnitude earthquake hit Santiago, the capital of Chile, at 6:54 p.m. EDT Wednesday. People panicked and ran out into the streets as the buildings were rocked by the quake, according to The Guardian.

The initial report from the U.S. Geological Survey said the quake had a magnitude of 7.9. However, the agency immediately corrected the report and said the quake was a magnitude 8.3. The center of the quake was found 141 miles north-northwest off the shore of Santiago, about 4.8 miles below the surface.

The country's National Emergency Office issued a tsunami alert for all coastal areas of Chile, saying the waves could hit by 11 p.m. Authorities reminded the people to "remain calm and go to the meeting points in security zones," RT reports.

U.S. officials also issued a tsunami alert for Hawaii, according to ABC 7.

The Pacific Tsunami Warning Center likewise said a tsunami is possible.

"Based on the preliminary earthquake parameters ... widespread hazardous tsunami waves are possible," PTWC announced, according to RT.

Chile and Peru face the greatest threat from big waves, PTWC said. Some areas of Chile could experience waves of up to three meters of more, while Peru and Ecuador may witness one-meter waves.

Reports of injuries, casualties or damages are not available at this time.