CMB Stock News Of The Day 📰🗞️🗞️📈📉

“TSMC Nears Record High as Apple Plans Massive Arizona Chip Purchase” 🚨🚨🚨

Shares of TSMC surged near record highs after Apple revealed plans to purchase “well over 100 million” chips from TSMC’s Arizona facility this year — a sharp increase from 2025 levels.

The move is part of Apple’s previously announced $600 billion U.S. expansion strategy aimed at reducing reliance on overseas suppliers and limiting tariff exposure. The company says the investment will also support expanded AI server production and shift future manufacturing of Mac Minis to Houston.

Apple’s global head of procurement, David Tom, told The Wall Street Journal that the company is buying “as much of the output of this fab as we can,” highlighting the scale of demand. Apple has long been one of TSMC’s largest customers, even after transitioning to designing its own in-house processors — most of which are still manufactured by TSMC.

Apple’s increased demand is helping fund TSMC’s multibillion-dollar semiconductor expansion in Arizona, strengthening domestic chip production at a time when AI-driven demand is booming.

Following the announcement, TSMC shares climbed roughly 3% in early trading, reflecting strong investor confidence in sustained AI chip growth and deepening U.S. manufacturing ties.