Apple Could Split A13 Chip Orders Between 2 Chip Giants in 2019
In a previous article, I went over how Taiwan Semiconductor Manufacturing Company (NYSE: TSM) has a somewhat risky dependence on smartphone giant Apple (NASDAQ: AAPL), particularly to support its business selling chips manufactured using cutting-edge technologies.
TSMC has done a good job over the years capturing Apple's business. It has manufactured the custom-designed A-series processors for Apple's last four iPhone generations, and has been the exclusive manufacturer for three of those four.
After reading through a transcript of TSMC's Oct. 19 earnings call with analysts, I get the impression that although TSMC expects to win some portion of Apple's A13 chip business -- perhaps even most of that business -- it's not confident that it'll have the entirety of the orders to itself.
Source: Fool.com
Apple Inc. Stock
Currently there is a rather positive sentiment for Apple Inc. with 148 Buy predictions and 17 Sell predictions.
With a target price of 227 € there is a slightly positive potential of 9.61% for Apple Inc. compared to the current price of 207.1 €.
