CNBC reported that Apple CEO Tim cooks has revealed that device chips will be manufactured in the United States. At an event in Arizona this week, Cook confirmed that the processing chips will be built in America.
The report also said comments are expected from US President Joe Biden. In addition, Cook specified that Apple will buy processors made in an Arizona factory.
Cook confirms that processors are built in the US
The event, held this week in Arizona, set the stage for the groundbreaking announcement by Apple’s CEO. As CNBC pointed out, Tim Cook has officially confirmed that new device chips built in the United States will be bought by the massive tech company.
“And now, thanks to the hard work of so many people, these chips can proudly bear the Made in America stamp,” Cook noted. Adding: “This is an incredibly important moment.”
The report added that the factories developing the chips will be owned and operated by Taiwan Semiconductor Manufacturing Company (TSMC). In addition, CNBC reports them as. “the largest foundry company with more than half of the global market share.”
TSMC has a remarkable history with Apple. The company is named as the entity responsible for advanced processors in iPhones, iPads and Apple Macs. In addition, the factory will now produce the 4-nanometer and 3-nanometer chips used in Apple’s various Nvidia graphics processors.
Although the factory will be located in Arizona, TSMC does most of its production in Taiwan. However, the factory in America will be partially subsidized by the United States. Subsequently, Joe Biden signed the CHIPS and Science Act; legislation that gives billions in incentives to companies with chip production on American soil.
“Today is just the beginning,” Cook continued. “Today we combine TSMC’s expertise with the unparalleled ingenuity of American employees. We invest in a stronger, brighter future, we plant our seed in the Arizona desert. And at Apple, we are proud to be able to drive its growth.”