TSMC stock
On May 23, 2026, industry reports confirmed that Apple has secured the entire initial production capacity of TSMC's 2nm (N2) process for its upcoming "A20" and "M6" chipsets. This exclusive multi--year agreement, estimated to be worth over US$25 billion in initial orders, guarantees TSMC a dominant position in the premium smartphone and PC markets. The move effectively sidelines competitors by limiting their access to the industry's most advanced transistor architecture until at least mid--2027.