APPLE IS FIGHTING FOR TSMC CAPACITY AS NVIDIA TAKES CENTER STAGE

Summary from the TLDR newsletter

TSMC's CEO recently told Apple executives that they would need to acquiesce to the largest price rise in years. Apple once held a dominant position on TSMC's customer list, but it is now fighting for production capacity. Its chip designs are no longer guaranteed a place among TSMC's almost two dozen fabs. TSMC's largest client is now likely Nvidia.