ARIZONA NEWS

Apple to buy chips from Arizona semiconductor plant, report says

Nov 17, 2022, 4:15 AM | Updated: 8:55 am
(Andy Blye/Phoenix Business Journal)...
(Andy Blye/Phoenix Business Journal)
(Andy Blye/Phoenix Business Journal)

Apple Inc. plans to buy chips from an Arizona semiconductor plant that expects to begin operations in 2024, Bloomberg News reported.

Tim Cook, CEO of the tech giant, seemed to refer to the Taiwan Semiconductor Manufacturing Co. fab that’s under construction in north Phoenix when he made the remarks during internal meetings in Germany, Bloomberg reported.

“We’ve already made a decision to be buying out of a plant in Arizona, and this plant in Arizona starts up in ’24, so we’ve got about two years ahead of us on that one, maybe a little less,” Cook said to employees, which included Apple executives, the news agency reported.

“And in Europe, I’m sure that we will also source from Europe as those plans become more apparent.”

TSMC, which is scheduled to start mass production in Phoenix in 2024, is Apple’s exclusive chip-manufacturing partner from its plants in Taiwan, Bloomberg reported. Though, Apple has contracted with Intel Corp. — which is expanding its Chandler fabs — in the past, the report stated that a new deal is unlikely.

This story is posted in partnership with Phoenix Business Journal. Click to read the full story.

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Apple to buy chips from Arizona semiconductor plant, report says