TSMC announcement could actually be a step backwards for US Apple chips

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Yesterday’s TSMC announcement of a $100B investment in the US was notable for its lack of any specifics – including whether any of the money had been announced previously.

But a new investment note suggests that it could even represent a backwards step when it comes to making Apple chips in the US …

The story so far

Apple first announced its plan for ‘Made in America’ chips back in 2022, with the news hailed as one of the success stories of the US CHIPS Act. The initiative will see a series of TSMC chipmaking…



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TSMC announcement could actually be a step backwards for US Apple chips


Yesterday’s TSMC announcement of a $100B investment in the US was notable for its lack of any specifics – including whether any of the money had been announced previously.

But a new investment note suggests that it could even represent a backwards step when it comes to making Apple chips in the US …

The story so far

Apple first announced its plan for ‘Made in America’ chips back in 2022, with the news hailed as one of the success stories of the US CHIPS Act. The initiative will see a series of TSMC chipmaking…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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