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VisitFinancial impact on TSMC from Apple deal
Revenue increase by more than NT$1 trillion • 25%
Revenue increase by NT$600 billion to NT$1 trillion • 25%
Revenue increase by less than NT$600 billion • 25%
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Financial earnings reports from TSMC, verified financial news sources
Apple COO Jeff Williams in Secret Meetings with TSMC to Secure All 2nm Capacity
May 20, 2024, 02:31 PM
Apple's Chief Operating Officer, Jeff Williams, visited Taiwan to meet with TSMC CEO C.C. Wei to discuss securing the first batch of TSMC's 2-nanometer chip production capacity. This strategic move, which involved secret meetings, could result in NT$600 billion (US$18.6 billion) in revenue for TSMC this year, with potential earnings reaching NT$1 trillion over time. The visit underscores Apple's intention to be one of the first to adopt the new 2nm technology, with TSMC expected to begin production in 2025. Apple aims to secure all 2nm capacity.
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