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TSMC Soars 4.48% on Apple Orders, U.S. Expansion

Mover TrackerMonday, May 12, 2025 4:43 am ET

1min read

On May 12, 2025, TSMC's stock surged by 4.48% in pre-market trading, reflecting strong investor confidence in the company's future prospects.

One of the key drivers behind TSMC's recent performance is the significant increase in orders from Apple. The tech giant has placed substantial orders for 2nm process chips, which are expected to contribute up to 1 trillion New Taiwan dollars (approximately 2397 billion yuan) in revenue for TSMC this year. This represents a year-over-year increase of over 60%. The ramp-up in production at TSMC's 2nm facilities in Taiwan and the new fab in Arizona is expected to support this surge in demand.

Apple's CEO, Tim Cook, recently revealed that the company plans to purchase over 190 billion chips in the 2025 fiscal year, including a significant number of advanced process chips from TSMC's Arizona facility. This strategic move aligns with Apple's Apple Silicon initiative, which has seen the company's computer products fully transition to its own M-series chips, all manufactured by TSMC.

In addition to Apple, TSMC's expansion into the U.S. market has also garnered attention. The company's new fab in Arizona has been receiving positive reports on its production yield, leading to increased interest from major U.S. clients. TSMC's plans to invest an additional $1.65 billion in the U.S., bringing the total investment to $16.5 billion, will further bolster its production capabilities and support the growing demand from clients like Apple, NVIDIA, AMD, Qualcomm, and Broadcom.

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