In addition to stating that Apple would begin purchasing US-made chips, Cook is said to have told employees, “I’m sure we’ll also source from Europe as those plans become more evident.” While that was all he said during the conference, Bloomberg earlier reported that TSMC is in negotiations with the German authorities about opening a facility there. Europe, like the United States, is attempting to encourage semiconductor firms to set up shop in the area, and in April presented the EU Chips Act to “bolster [its] competitiveness and resilience in semiconductor technology and applications.”
