What Happened: TSM now plans to manufacture its advanced 4-nanometer chips in its under-construction Arizona plant, which is set to open in 2024, Bloomberg reported, citing people familiar with the matter.
The Taiwanese foundry was originally contemplating making chips based on 5-nanometer technology — which would not be cutting-edge by 2024 — it added.
Apple Inc.(NASDAQ: AAPL) chip supplier Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) has yielded to pressure from OEMs to manufacture its more advanced chips in the U.S.
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