Apple has emerged as the top client for Taiwan Semiconductor Manufacturing Company (TSMC) for 2024, with orders for 3nm chips expected to double compared to the previous year. This significant increase in orders is anticipated to boost TSMC’s revenue, primarily driven by Apple’s demand for the cutting-edge technology.
The tech giant is reportedly gearing up to utilize TSMC’s 3nm technology for the production of Apple SoCs this year, marking a major milestone in their partnership. With a projected 50 percent rise in orders from Apple, TSMC is preparing to meet the surge in demand, which is likely due to the mass production of Apple’s A18 series chips designed for the upcoming iPhone 16 lineup.
Rumors suggest that the A18 series will feature a significantly enhanced Neural Engine, bringing advanced AI capabilities to Apple’s devices. This new chipset is expected to be available across all iPhone models, highlighting Apple’s commitment to implementing cutting-edge technology across its product range.
In addition to the A18 series, Apple is also planning to introduce its M3 chip in new models of OLED iPad Pros and an updated series of MacBook Air. This strategic decision positions Apple as a key customer for TSMC, with the potential for significant growth in their partnership by 2024.
TSMC’s 3nm manufacturing process is projected to account for a larger share of revenue, with plans to ramp up production to meet the increasing demand. By the end of 2024, TSMC aims to produce 100,000 monthly units of 3nm chips, catering to orders not only from Apple but also from other customers in the tech industry. This expansion reflects TSMC’s commitment to innovation and meeting the evolving needs of its clients.
