Apple CEO Cook Says Tech Giant Will Start Sourcing Chips From Arizona in 2024

Seeking Alpha2022-11-16

Apple CEO Tim Cook said on Tuesday that the tech giant would source some of its chips from Arizona as the company looks to diversify its supply chain, according to Bloomberg.The news outlet, citing an...

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Comments

  • Gerinit
    2022-11-16
    Gerinit
    Pls like. Thanks
  • 慢的老人
    2022-11-16
    慢的老人
    $Apple(AAPL)$ good strategic move to diversify their supply chain network. This has nothing to do with politics or America First, but everything to do with mitigating risk as seen in the last 2 years of chip shortages. 
  • chaicka
    2022-11-16
    chaicka
    Sourcing chips from US plants will result in higher costs. Same reason why major chip makers been eagerly expanding in Asia, esp Singapore 🇸🇬. Will higher costs be pass on to consumers? How does it affects AAPL margins? 🤔
    • chaicka
      [Tongue]
    • Twhyger
      Consumers can always afford it... [Sly]
    • jllwang
      Manufacturing costs mitigated by lower logistics costs. Other advantages - diversify supply chain risks and ease political pressure.
  • Bull1973
    2022-11-16
    Bull1973
    Ok
  • MLFL
    2022-11-16
    MLFL
    👋 
  • estherytwu
    2022-11-16
    estherytwu
    Ok
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