Tim Cook says Apple will use chips built in the U.S. at Arizona factory

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"And now, thanks to the hard work of so many people, these chips can be proudly stamped Made in America," Cook said. TSMC produces the most advanced processors, including the chips in the latest iPhones, iPads and Macs. TSMC currently does most of its manufacturing in Taiwan, which has raised questions from U.S. and European lawmakers about securing supply in the potential event of a Chinese invasion or other regional issues. The TSMC plants will produce 600,000 wafers per year when fully operational, which is enough to meet U.S. annual demand, according to the National Economic Council. Last year, Intel said it would act as a foundry for other companies, although its manufacturing abilities currently lag behind TSMCs.

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