Apple plans to procure over 19 billion chips from the United States this year, signaling a strategic shift in its global supply chain. CEO Tim Cook highlighted increased collaboration with Taiwan Semiconductor Manufacturing Co., which is expanding its Arizona operations to six plants. The move aims to diversify production, reduce reliance on China, and boost manufacturing in India, reflecting Apple's efforts to mitigate supply chain risks and navigate geopolitical tensions.
Apple plans to procure over 19 billion chips from the United States this year, signaling a strategic shift in its global supply chain. CEO Tim Cook highlighted increased collaboration with Taiwan Semiconductor Manufacturing Co., which is expanding its Arizona operations to six plants. The move aims to diversify production, reduce reliance on China, and boost manufacturing in India, reflecting Apple's efforts to mitigate supply chain risks and navigate geopolitical tensions.