SpaceX Stock Plunges 16% as KeyBanc Warns Valuation May Be Overstretched 
Japan Manufacturing Growth Accelerates in June as Orders Surge Despite Iran War Cost Pressures 
France Faces Long Road to Economic Rebalancing as Weak Demand and High Rates Weigh, Says Citi 
Samsung Gains Interest from BYD, Google, AMD as AI Chip Demand Strains TSMC Capacity 
Japan Keeps Markets Guessing as Yen Nears 40-Year Low, Raising Intervention Risks 
Singapore Inflation Stays Muted in May as Core CPI Misses Forecasts Ahead of MAS Review 
Asian Stocks Slide as AI Rally Pauses, South Korean Chipmakers Lead Regional Decline 
Oracle Cuts 21,000 Jobs as AI Reshapes Workforce and Cloud Expansion Accelerates 
Russia Stocks End Flat as MOEX Index Hits New 52-Week Low; Gold Falls and Oil Mixed 
U.S.-Iran Diplomacy Helps Drive Gasoline Prices Down 15% From May Highs 
WiseTech Global Denies Knowledge of Investigation Into Founder Richard White 
Baseten Secures $1.5 Billion Funding at $13 Billion Valuation Amid AI Infrastructure Boom 
Chinese Social Media Giant Xiaohongshu Eyes Hong Kong IPO at Over $70 Billion Valuation 
Today’s space race could turn fatal if we don’t agree on new rules 
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
South Korea Stocks Tumble as AI-Fueled Rally Faces Profit-Taking Pressure 
Citing high production costs and limited capacity, Apple has delayed using TSMC’s 2nm chips in its iPhone 17 Pro models. The advanced chips are now expected in 2026 with the iPhone 18 Pro series.
Apple Delays iPhone 17 Pro's 2nm Chips to 2026
Reportedly, Apple has decided to delay the commercial introduction of the iPhone 17 Pro and iPhone 17 Pro Max, which will use TSMC's 2nm processing chips, until 2026, according to media reports (via MyDrivers).
The 2nm chips from TSMC have been plagued by production delays because of worries over their high cost and limited capacity. The supplier has reportedly started making the chips in trial quantities, but the results are disappointing, so it might be a while before they can produce a finished product.
Production Challenges Hit TSMC’s 2nm Chips
The 2nm chips were trial-produced at the Baoshan facility in Hsinchu, Taiwan, and rumor has it that the yields were below the company's expectations.
Yes, that's right. With a yield rate of 60%, nearly 40% of the chips made are flawed.
Sky-High Wafer Costs Impact iPhone Plans
The production cost of integrating the 2nm CPUs into the upcoming iPhone 17 Pro and iPhone 17 Pro Max is a staggering $30,000 per wafer, making it seem like an unrealistic option for Apple.
These worries have caused Apple to delay the introduction of its 2nm semiconductors by about a year; the new chips will not be available until the iPhone 18 Pro versions are released in 2026. This further confirms that TSMC's 3nm chips will be utilized by the iPhone 17 series.
WCCFTECH points out that the present iPhone 16 series uses TSMC's 3nm chips; while the A19 Pro chips will be an improvement, the 2nm chips that will be available in 2026 will offer much better efficiency and performance.
TSMC’s 2nm Chips Promise Performance Gains
The 2nm chips will have up to 15% more transistors than the 3nm chips, resulting in a 15% performance improvement while using the same amount of power. TSMC mentioned this at the 2024 IEDM conference despite production constraints.
The technology is too expensive and difficult to develop at the scale required for millions of iPhones, so Apple decided to delay TSMC's 2nm processors. This was the right move if the company intended to keep device pricing low.
