Apple is reportedly looking to buy chips from US and European fabs

Apple is reportedly planning to start buying chips made in the US and Europe, according to a report from Bloomberg that cites comments made by Tim Cook at an internal meeting. Apple has “already made a decision to be buying out of a plant in Arizona” that’s due to begin production in 2024, meaning that the company could start using those chips in around two years, according to the reported comments from Cook. He also said that Apple hopes to “source from Europe as those plans become more apparent.”

Apple’s custom-designed chips, such as the M2 chip that powers its newest MacBooks and the iPhone’s A-series processors, are mainly produced by Taiwan Semiconductor Manufacturing Company, or TSMC. As the company’s name implies, most of its fabs are located in Taiwan, though it currently has an advanced facility being constructed in Arizona, which will likely start producing chips in 2024.