Neutral
TSMC's stock rises 0.29% to $430.49 amid global memory shortage affecting Apple.
TSMC's stock experienced a modest increase of 0.29%, closing at $430.49. This uptick coincides with reports of a global LPDDR5X memory shortage, which is impacting Apple's production of the iPhone 18 Pro. TSMC is reportedly holding approximately $1 billion worth of completed Apple A20 Pro chips awaiting DRAM delivery, potentially affecting future shipments.
Key points
- TSMC's stock closed at $430.49, up 0.29%.
- Global LPDDR5X memory shortage delays Apple iPhone 18 Pro production.
- TSMC holds $1 billion in completed Apple A20 Pro chips pending DRAM delivery.
Sources
AI-generated from public news sources. Not financial advice.
