Apple, AMD confirm they’re among TSMC’s first Arizona customers
@NancyZhang:
$Apple(AAPL)$ Chief Executive Tim Cook confirmed at an event Tuesday that the tech giant will be one of $Taiwan Semiconductor Manufacturing(TSM)$ ’s first Arizona fab customers, while Intel Corp. hopes to join TSMC on the cutting edge of chip making by the end of 2023.Cook said Apple will buy chips fabricated at TSMC’s new U.S. manufacturing plant. On Tuesday, the White House announced, ahead of a visit from President Joe Biden, that TSMC will boost its investment in Arizona to $40 billion from $12 billion and will build a second silicon-wafer fabrication plant, or fab, in Phoenix. TSMC later confirmed that news.Apple shares finished the day down 2.5%, while the