Apple explores using Intel, Samsung chips amid supply crunch: report | Latest Tech News
Apple is reportedly exploring the chance of using US-manufactured chips from Intel and Samsung to energy its iPhones and other devices.
The Cupertino, Calif.-based firm has long relied on chips made by Taiwan Semiconductor Manufacturing Co., or TSMC. But steep competitors for chips in the AI race — and tensions between China and Taiwan — have prompted Apple to step up its efforts to variety its supply chain.
Apple and Intel have held “early-stage talks” about a potential partnership, Bloomberg reported, citing sources acquainted with the matter. Apple executives also have visited a Samsung plant in Texas, which is still under construction but will ultimately produced chips.
Apple is wanting for different chip suppliers. REUTERS
The Post has reached out to Apple for remark.
Intel shares spiked practically 14% on the report and hit a recent report high of more than $109 following the report. The company’s stock has risen more than 175% since the start of the yr.
Apple’s stock was up practically 1.5%.
In the past, Apple has been reluctant to swap from TSMC chips due to considerations that reliability would endure. It’s also unlikely that Intel or Samsung would give you the option to match the size of TSMC’s manufacturing capabilities in the close to future.
Sources told Bloomberg that Apple has not yet positioned any orders with Intel or Samsung and said it could still resolve to stick solely with TSMC.
Apple crushed Wall Street’s expectations in its second-quarter earnings report last week, though executives acknowledged the company was contending with shortages of key merchandise like MacBooks and iPhones.
Apple CEO Tim Cook will step down from his function on Sept. 1 and transition to govt chairman. Richard Shotwell/Invision/AP
During the company’s earnings call, CEO Tim Cook – who is set to transition to an govt chairman function on Sept. 1 – told analysts that Apple had “less flexibility in the supply chain than we normally would.”
Apple’s flagship iPhone 17 lineup makes use of that same TSMC chips that are required for AI.
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