Apple to use an American plant as an alternative source of chips, seeks to expand chip supply from Europe
A plant is currently under construction in the state of Arizona that will begin to supply Apple with the much-needed chips for its electronic devices. The factory will be run by Taiwan Semiconductor Manufacturing, which is the largest chipmaker in the world that supplies Apple. Another alternative source to Chinese-manufactured chips may be Europe, as CEO Tim Cook reportedly discussed at an internal meeting in Germany. There is no comment from Apple at this time.
Factory construction in Arizona began in 2021, and in 2024 TSMC’s 5-nanometer are slated to come off its conveyor belt. TSMC reported an 80% YoY growth in Q3 2022, and also expects 2023 to be a year of positive growth.
US has been trying to invite overseas companies to manufacture their products in the US, and since the CHIPS Act was passed has also supported domestic R&D and manufacturing.
Apple has announced more investments in solar and wind energy projects in Europe and encouraged its suppliers to make the process of manufacturing iPhones and other Apple products “greener.” The firm has vowed to completely remove carbon emissions from its business processes, which cover practically the entire planet, by 2030.