Apple to Purchase 100M Chips from Taiwan Semiconductor Manufacturing (TSM) Arizona Facility

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) is one of 15 stocks with the biggest hedge fund momentum, after gaining 27 hedge fund holders during the fourth quarter of 2025. On February 24, Apple said that it is on track to purchase more than 100 million advanced chips produced by Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) at its Arizona facility, marking a significant increase in orders from 2025. The iPhone maker said that it sourced more than 20 billion U.S.-made chips from 24 factories across 12 states, including those of partners like Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM), Broadcom, and Texas Instruments.

Apple also said GlobalWafers has begun production at its new $4 billion bare silicon wafer facility in Sherman, Texas. Wafers produced in Sherman will be used by Apple’s chip manufacturing partners in the U.S., including Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) and Texas Instruments. This disclosure from Apple followed NVIDIA CEO Jensen Huang’s remarks in January that his company had already overtaken the iPhone maker as TSMC’s largest customer, according to a January 26 CNBC report.

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) is the world’s largest semiconductor foundry and is engaged in the manufacturing and designing of semiconductor chips. These chips are used by companies across several end markets, including personal computers and peripheral products, consumer electronics, wired and wireless communications systems, and automotive and industrial equipment.

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