{
  "id": 7204723,
  "title": "Apple and Taiwan Semiconductor Manufacturing Just Announced a Cutting-Edge Chip. 1 Stock Offers Far Greater Upside.",
  "url": "https://urgent.news/2026/09/12/apple-and-taiwan-semiconductor-manufacturing-just-announced-a-cutting-7204723",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-12T13:44:00.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/apple-taiwan-semiconductor-manufacturing-just-134400785.html"
  },
  "original_language": "en",
  "account": "Apple and Taiwan Semiconductor Manufacturing recently unveiled a revolutionary chip for their forthcoming iPhone 18 Pro and Pro Max models, as well as the new iPhone Duo folding smartphone. The key differentiator of this chip is its use of Taiwan Semiconductor's groundbreaking 2-nanometer manufacturing process, compared to the previous generation's 3nm process. This advancement enables the chip to incorporate a higher number of transistors within a smaller space, resulting in enhanced computing power and reduced energy usage.\n\nWhile both companies have been long-standing partners, with Apple being a significant client of Taiwan Semiconductor, recent trends indicate that Taiwan Semiconductor is likely to overtake Apple in the near future. In 2023, 2024, and 2025, Apple constituted 25%, 22%, and 19% of Taiwan Semiconductor's sales respectively. However, Nvidia has now emerged as TSMC's top client, owing to the rapid expansion in AI infrastructure construction. Consequently, Apple may find itself lagging behind Nvidia in terms of bargaining power.\n\nApple's performance in the AI sector has been comparatively sluggish, which could potentially impact its future growth prospects. In contrast, Taiwan Semiconductor is well-positioned to capitalize on the burgeoning AI industry, as evidenced by Wall Street analysts' expectations of a 43% revenue growth rate for TSMC in 2026 and 34% in 2027. Meanwhile, Apple's projected growth rates for the same years are 15% and 10%, respectively.\n\nDespite the growing importance of AI, Apple still does not seem to have fully embraced it. However, the potential launch of an AI-driven subscription model could provide Apple with a significant financial boost. Nonetheless, the company's slower growth trajectory, combined with the opportunity for TSMC to capture a substantial share of the AI market, makes Taiwan Semiconductor a more attractive investment option.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Motley Fool",
        "title": "Apple and Taiwan Semiconductor Manufacturing Just Announced a Cutting-Edge Chip. 1 Stock Offers Far Greater Upside.",
        "url": "https://urgent.news/2026/09/12/apple-and-taiwan-semiconductor-manufacturing-just-announced-a-cutting-6942644",
        "published": "2026-09-12T13:24:00.000Z"
      },
      {
        "outlet": "Nasdaq Markets",
        "title": "Apple and Taiwan Semiconductor Manufacturing Just Announced a Cutting-Edge Chip. 1 Stock Offers Far Greater Upside.",
        "url": "https://urgent.news/2026/09/12/apple-and-taiwan-semiconductor-manufacturing-just-announced-a-cutting",
        "published": "2026-09-12T13:44:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}