TSMC is also predicting a 10 percent decline in revenue for 2023 amid falling demand for consumer electronics. | Photo by VCG via Getty Images
The world’s biggest chipmaker is pushing back the start of 4nm chip production at its new facility in Phoenix, Arizona, to 2025, blaming labor shortages. Apple has said that it intends to eventually source chips for its iPhones and MacBook models from the Taiwan Semiconductor Manufacturing Company (TSMC) plant in the US, while Nvidia and AMD have also committed to using its production capacity.
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