Apple is expanding its US-made chip roster, but according to TSMC’s CEO, the most modern chips will continue being manufactured elsewhere.

Shares of Taiwan Semiconductor (TSM)experienced volatility in morning trade on Tuesday after reports emerged that the chipmaker is inching closer to approval from one of its key customers, Apple Inc.

Taiwan Semiconductor Manufacturing Company (TSMC) first announced its plans to build an “advanced semiconductor manufacturing fabrication” facility in Arizona in early 2020, committing to a $12 billion investment in Phoenix that it later increased to a staggering $40 billion when it committed to a second facility in the state.

TSMC is the most important manufacturer in the semiconductor manufacturing industry by far. While other chip manufacturers are trying to catch up with this market leader, TSMC currently has a near-monopoly on today's leading-edge semiconductor production, supporting the world's biggest chip designers, from Nvidia to Apple.

Apple has joined a consortium, the Ultra Accelerator Link Consortium, developing next-gen technology to link together chips in AI data centers.

Apple lost its position as the largest smartphone vendor in China in 2024 as local competitors Vivo and Huawei surpassed the iPhone manufacturer after its yearly shipments in the nation fell 17%, according to data released Thursday by research firm Canalys.

Apple Inc (NASDAQ:AAPL) is finalizing the verification of its “made in America” processor chips from Taiwan Semiconductor Manufacturing Co’s (NYSE:

Semiconductor companies offer an endless variety of trading and investment opportunities in the technology space.

Shares of Taiwan Semiconductor Manufacturing (NYSE: TSM) gained 3.9% on Thursday, following the world's largest contract semiconductor manufacturer's release of its fourth-quarter 2024 report. The stock's rise is likely in part due to the company beating Wall Street's Q4 revenue and earnings expectations.

Tariffs can have the unintended consequences of raising consumer prices and impacting the stock market. Two of the largest contributors to the market's gains in recent years were the consumer tech giant Apple ( AAPL -2.41%) and the artificial intelligence chip king Nvidia ( NVDA -3.00%). Which will be impacted the most by Trump's looming tariffs?

Taiwan Semiconductor Manufacturing (NYSE:TSM) on Thursday said it expects products for artificial intelligence (AI) applications to be the largest contributor to its overall revenue growth in the "next several years,