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
Period: 16.11.2026 Expectation: 5700 pips
Invest in GBPUSD up to 1.38700
16 October 2026 43
Period: 31.10.2026 Expectation: 1300 pips
Selling AUDCAD from 0.9890
16 October 2026 40
Period: 16.11.2026 Expectation: 280 pips
Buy Brent crude with $106.15 in view
16 October 2026 24
Period: 31.10.2026 Expectation: 500 pips
Go short on AUDUSD due to anemic labor market in Australia
15 October 2026 65
Period: 15.11.2026 Expectation: 6000 pips
USDJPY sell-off targets 152.00
15 October 2026 95
Period: 15.11.2026 Expectation: 265 pips
Sell ETHUSD upon breaking $2,350 support
15 October 2026 67
Go to forecasts