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[–] 12 points 11 months ago

Because before, they were buying Intel’s chips, many of which were being fabbed by TSMC.

Now, Apple is developing the chips to their own specs, and Intel is joining TSMC as a fab house. Apple controls the design and manufacturing volumes, is the sole customer for the chips, and has an alternative fab house they can turn to if either Intel or TSMC falls down on the job.

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