Taiwan Semiconductor Plans Three U.S. Plants as Intel Gains 8% on Apple Deal
TSM•Intel shares climbed 8% after a presidential post claimed a U.S. chip manufacturing deal with Apple, though no confirmation has emerged. Taiwan Semiconductor’s joint venture with Nvidia is constructing three U.S. plants, starting in Phoenix, to boost domestic capacity and create new manufacturing jobs.
1. Intel-Apple Deal Rumors
A presidential social media post claimed Intel reached a chip manufacturing agreement with Apple, triggering an 8% surge in Intel shares. No formal confirmation has been released by either company, leaving the specifics of the deal and its scope unclear.
2. U.S. Plant Expansion Details
Taiwan Semiconductor’s joint venture with Nvidia is building its first U.S. fabrication plant in Phoenix, Arizona, and plans two additional facilities. The initiative aims to increase domestic wafer output, support AI chip demand and generate thousands of manufacturing jobs.
3. Competitive and Capacity Implications
If Intel’s rumored Apple agreement materializes, it could intensify competition within the U.S. chip market and challenge Taiwan Semiconductor’s share. TSM’s U.S. expansion may buffer this impact by bolstering its local capacity and deepening ties with major chip designers.
