๐ง Apple Chip Pileup Claim Challenged by Analyst
Analyst Ming-Chi Kuo disputed a report claiming TSMC held about $1 billion in Apple processor work-in-process. Kuo stated his checks confirmed Apple scaled back shipments due to real memory shortages this year. The report, citing TSMC's 2Q26 earnings, suggested wafers couldn't be packaged without more memory. Kuo argued Apple plans production three months ahead, making massive pre-building unlikely. The tech giant relies on Micron, SK Hynix, and Samsung for DRAM supply. ๐ง