TSMC chip supply constraints: Tim Cook says iPhone output hit by limited wafer access

Apple CEO Tim Cook has downplayed concerns over rising memory chip costs impacting iPhone production. Instead, he highlighted a lack of 'flexibility' in accessing advanced chip manufacturing, particularly from TSMC, which produces Apple's custom silicon. Increased demand for these sophisticated chips is creating supply chain constraints, though Apple is working to boost its access.

TSMC chip supply constraints: Tim Cook says iPhone output hit by limited wafer access
Apple CEO Tim Cook has downplayed concerns over rising memory chip costs impacting iPhone production. Instead, he highlighted a lack of 'flexibility' in accessing advanced chip manufacturing, particularly from TSMC, which produces Apple's custom silicon. Increased demand for these sophisticated chips is creating supply chain constraints, though Apple is working to boost its access.