Apple and Intel to Partner on Chips, How Apple Benefits, TSMC Isn’t Going Anywhere

Today's Above Avalon Daily update includes the following stories: 

• Apple and Intel to Partner on Chips

• How Apple Benefits

• TSMC Isn’t Going Anywhere

We kick off today’s update with Neil’s thoughts on Apple and Intel reportedly reaching a deal regarding chips. The discussion includes four main ways that Apple stands to benefit from the deal. We conclude with why TSMC, Apple’s current chip supplier, isn’t going anywhere.

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