Tim Cook confirms that Apple will start using chips in its products made in the United States.
Last month, it was reported that Tim Cook shared that Apple will start sourcing chips made in the US. Today, Cook confirmed the report during an event in Arizona, where the chips will be manufactured. While things are still in their infancy, the chips will be manufactured in a new factory owned and operated by Taiwan Semiconductor Manufacturing Company (TSMC).
During the event, Tim Cook stated:
Today is only the beginning. Today we combine the expertise of TSMC with the unparalleled ingenuity of American workers. We’re investing in a stronger, brighter future, planting our seed in the Arizona desert and at Apple, we’re proud to help fuel its growth.
TSMC has been Apple’s manufacturing partner for quite some time. according to CNBCTSMC will have two facilities in Arizona, and the company will be able to manufacture 3nm and 4nm chips. Currently, Apple’s latest A-series found in iPhones, iPads, and the M-series appearing in the MacBook Pro are 5nm.
Over the past year, Apple has done a lot to change its strategy. The company has moved some of its iPhone production to India and has also begun experimenting with Apple Watch and MacBook production in Vietnam. Of course, it’s not all out of good intentions alone, the US Department of Commerce offers $50 billion in grants to companies that engage in domestic semiconductor research or manufacturing.
In Apple’s case, some of Arizona’s utility costs will be subsidized by the government. TSMC has stated that it will spend $40 billion on its two factories, one of which will be ready in 2024, and the second will be ready in 2026. Despite this huge investment, this will only be a drop in the bucket when it comes to the company’s manufacturing strength, but at least it’s a start.
source: CNBC
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