Apple Commits to U.S. Chips, Driving TSMC's $40 Billion Arizona Manufacturing Boom

These facilities will produce advanced 4-nanometer and 3-nanometer chips, crucial for Apple's A-series and M-series processors, as well as for other companies like Nvidia and AMD. This move, supported by the U.S. government's CHIPS and Science Act, aims to bring more of Apple's supply chain back to the U.S. TSMC is investing $40 billion in the two Arizona plants, with the first expected to produce chips by 2024 and the second by 2026.

While these plants will represent a fraction of TSMC's global capacity, they are seen as a significant step towards bolstering domestic chip manufacturing and reducing reliance on Asian supply chains, especially given geopolitical concerns. Intel also plans to compete for Apple's business with its own U.S.-based factories.