Apple can’t make chips fast enough, but that’s only part of the story

Apple has held “exploratory” talks about manufacturing processors for its devices in the US, Bloomberg reports. The move seems to reflect Apple’s need to secure additional chip supplies to meet growing demand for its products, but could also represent a contingency plan to reduce the company’s reliance on Taiwan Semiconductor Manufacturing Company (TSMC’s) advanced manufacturing facilities in Taiwan. I doubt this means Apple doesn’t want to work with TSMC, nor does it mean TSMC is cooling on...