TSMC (TSM) Rises on Reports of Apple M5 Chip Order

3 hours ago

Shares of Taiwan Semiconductor Manufacturing Company (TSM, Financial) rose by 1.6% to $187.59 in pre-market trading. Recent reports indicate that Apple has placed an order with TSMC for its upcoming M5 chips. The M5 series is expected to utilize an enhanced ARM architecture. To manage production costs, Apple will employ TSMC's 3nm process technology for manufacturing these chips.

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