U S Stock Indexes Rebound From Thursday s Sell-Off Triggered By Biden s Capital Gains Tax Proposal—But Major Indexes Flat For Week forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Apple Inc. (NASDAQ: AAPL) shares, which have had a not-so-strong run thus far this year, are beginning to pick up some momentum.
What Happened: Apple is getting a lift from Evercore ISI analyst Amit Daryanani. The analyst raised the price target on Apple shares from $163 to $175, with the. Read More.
TSMC Reportedly Poised For 3nm Chip Volume Production In 2022
It seems Taiwan Semiconductor Manufacturing Company (TSMC) is right on schedule to begin mass producing silicon based on its 3-nanometer process next year, which will pack 1.7 times the logic density of its 5nm node. Barring any snags, TSMC expects to churn out 30,000 wafers in the latter half of this year, as 3nm production enters the risk production phase.
The foundry is highly motivated to stay on schedule previous reports have suggested Apple will tap into a very large part of TSMC s 3nm capacity for its future iPhone, iPad, and Mac products. Bear in mind we are talking about future models slated to arrive in 2023, which presumably rules out the iPhone 13 (though not necessarily). Incidentally, there is rumor floating around that Intel inked a deal with TSMC to outsource 3nm chip production, so we ll see what happens.
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