The chips will be manufactured at a new facility in Arizona owned and operated by Taiwan Semiconductor Manufacturing Company , which already produces chips for many Apple devices, CNBC reported.
Related “Thanks to the hard work of so many people, these chips can be proudly stamped Made in America,” Cook said, describing the development as an “incredibly significant moment.” Commenting on the news, Biden said: “Apple had to buy all the advanced chips from overseas, now they’re going to bring more of their supply chain home,” adding that the move to use Made-in-America chips “could be a game-changer.”
As CNBC notes, many in the tech industry fear that an effort by the Chinese to invade Taiwan to enforce its “One China” policy will have serious consequences on the ability 0f the Asian island — a giant when it comes to chip manufacturing — to continue an uninterrupted supply of the component to the global market.