Key Apple Inc. Supplier Prepping for A11 Fusion Chip Ramp
Back in June, Apple (NASDAQ: AAPL) launched new iPad Pro tablets powered by the A10X Fusion processor. This chip, which offered notable performance improvements over the A10 Fusion chip that powers the iPhone 7 and iPhone 7 Plus, was particularly notable because, as TechInsights revealed, it is manufactured using Taiwan Semiconductor Manufacturing Company's (NYSE: TSM) new 10-nanometer technology.
Indeed, TSMC reported that 1% of its revenue during its second quarter came from shipments of 10-nanometer chips.
Source: Fool.com
Apple Inc. Stock
Our community is currently high on Apple Inc. with 156 Buy predictions and 17 Sell predictions.
As a result the target price of 226 € shows a slightly positive potential of 11.91% compared to the current price of 201.95 € for Apple Inc..