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Benzinga

Business

Surbhi Jain

Apple–TSMC Chip Pact Builds Firewall Against Trump's Tariffs

Apple TSMC Donald Trump AAPL Nasdaq Semiconductor Taiwan Semiconductor Manufacturing Co Ltd United States

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Apple Inc (NASDAQ:AAPL) isn't just building the iPhone 18—it's creating a moat. By reportedly securing nearly half of Taiwan Semiconductor Manufacturing Co Ltd's (NYSE:TSM) initial 2nm chip production capacity, Apple has locked in supply for its flagship device while also erecting a "firewall" against President Donald Trump's proposed 100% tariffs on imported semiconductors.

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