Tech reporter Dan Howley checks out how chip stocks fared in the first three quarters of 2022.
Today's video focuses on Taiwan Semiconductor Manufacturing (NYSE: TSM), Apple (NASDAQ: AAPL), recent reports about pricing negotiations between these two tech giants, and a closer look at TSMC's margins.
Apple (NASDAQ: AAPL) sells hundreds of millions of devices each year. For those supplying parts or services necessary to get those devices into consumers' hands, winning Apple's business is a huge deal. Taiwan Semiconductor Manufacturing (NYSE: TSM) may be the only Apple supplier where the script is flipped.