Apple halts M2 chip production due to plummeting Mac sales
Apple has scaled back production of its M2 chip, which powers its Mac devices, as sales have dipped. Reports indicate that the pause took place in January and February before resuming in March at half the rate of M1 chip production during the same period last year. Although Apple has not made any official statements about the production halt, supply chain reports indicate that the company’s third-party suppliers and vendors have felt the pinch as a result. Some firms that perform post-fabrication work on the wafers from TSMC before they’re installed in Macs at other assemblers have not received any M2 wafers from TSMC in January or February.