TSM Rises on News of Apple Ordering M5 Chips

1 day ago

Taiwan Semiconductor Manufacturing Company (TSM, Financial) saw a 1.6% increase in pre-market trading, reaching $187.59. This boost comes after reports that Apple has placed an order for M5 chips from TSM. The M5 series is expected to feature an enhanced ARM architecture, and to manage costs, Apple plans to utilize TSM's 3nm process technology for production.

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