Apple CEO Tim Cook
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After Apple supplier TSMC announced an increase in its investment in Arizona, Apple CEO Tim Cook confirmed that the company will use chips made by in state.
In November, Cooke signaled that Apple would source at least some of its chips from TSMC's yet-to-be-completed Arizona plant. He reaffirmed his position Tuesday at an event in Arizona, CNBC reported.
“Today is just the beginning,” Cook said. “Today, we combine the experience of TSMC with the unrivaled ingenuity of American workers. We invest in a stronger and brighter future, we plant our seed in the Arizona desert. And at Apple, we're proud to help it grow.”
Taiwan Semiconductor Manufacturing Company is the world's largest chip manufacturing company, accounting for more than half of the global market share. The company makes advanced processors for iPhone, iPad and Mac.
“And now, thanks to the hard work of many people, these chips can be proudly stamped 'Made in America,'” Cook said. “This is an incredibly important moment.”
About a third of the plant's capacity in Arizona will be dedicated to Apple.The plant's previous capacity was about 20,000 wafers, each containing multiple chips.
Another report on Tuesday said TSMC will build additional facilities in Arizona.First plant will begin production in 2024, and the supplier has already begun building a second factory that will begin production on the 3nm process in 2026.
The US government partially subsidizes the cost of the factory Arizona factories In early 2022, the president Biden signed the CHIPS and Science Act, which includes billions of dollars in incentives for chip makers to move production to the United States.
