16 November 2022 | Other

Apple plans to purchase chips from plant in Arizona

According to a report provided by Bloomberg News, Apple Inc. is planning to start purchasing chips used in its gadgets from a plant, which is now being constructed in the Arizona territory of the U.S.

In addition to that, the report also noted a possibility of Apple expanding its chip supply from Europe. This assumption is based on Chief Executive Officer Tim Cook’s statements made during an internal meeting with local representatives of the technological segment in Germany. Apple's representatives declined commenting on the matter, as reported by Reuters.

As it was also mentioned in the Bloomberg report, it’s highly probable that Tim Cook meant a plant in Arizona that would eventually be managed by Taiwan Semiconductor Manufacturing Co (TSMC). The mentioned company is the most prominent contract chip producer among all, and it is also noted to be Apple’s main supplier.

TSMC announced the beginning of its plant construction in Arizona last year, and stated that it intends to pour $12 billion into building its computer chip factory. TSMC also told about its intention to start mass production of chips utilizing a specific 5-nanometer production technology.

Company MarketCheese
Brent sell
Period: 25.10.2025 Expectation: 90 pips
Selling Brent crude as supply swells
Yesterday at 10:23 AM 29
Period: 27.10.2025 Expectation: 3600 pips
Silver is under pressure following its record rally
Yesterday at 10:10 AM 43
Gold sell
Period: 27.10.2025 Expectation: 14600 pips
Gold is correcting following Trump’s softer rhetoric
Yesterday at 08:20 AM 56
Period: 24.10.2025 Expectation: 1600 pips
GBPUSD is poised to retest 1.34800
17 October 2025 74
Period: 31.10.2025 Expectation: 600 pips
Break below 0.908 could send AUDCAD to autumn lows
17 October 2025 49
Period: 24.10.2025 Expectation: 290 pips
Brent crude to rebound to $62.90
17 October 2025 54
Go to forecasts