Taiwan Semiconductor Manufacturing Company (TSMC), Apple Silicon supplier and the world’s leading chipmaker, is expanding production of advanced AI semiconductors to Japan in a major step toward geographic diversification. The initiative aims to meet rapidly growing demand for cutting-edge chips while mitigating geopolitical risks associated with its primary manufacturing base in Taiwan.
Joel South for 24/7 Wall St.:
The expansion directly benefits TSMC’s largest customers. NVIDIA, which relies on TSMC for AI GPU production, posted quarterly earnings growth of 66.7% year-over-year and maintains a $4.24 trillion market cap. Despite recent volatility, with shares down 6.6% year-to-date, the stock has gained 46.85% over the past year.
Apple, another major TSMC customer for iPhone and Mac chips, showed resilience with shares up 7.82% over the past week. The company’s $435.6 billion in trailing revenue and 18.3% year-over-year earnings growth reflect sustained demand for advanced semiconductors.
MacDailyNews Take: The more geographic diversification for Taiwan-based TSMC, the better.
Please help support MacDailyNews — and enjoy subscriber-only articles, comments, chat, and more — by subscribing to our Substack: macdailynews.substack.com. Thank you!
Support MacDailyNews at no extra cost to you by using this link to shop at Amazon.
The post Apple Silicon supplier TSMC expands AI chip production to Japan appeared first on MacDailyNews.
