Consumer electronics giant Apple can order as much as $60 billion in chips from TSMC, believe analysts, and allow the Taiwanese chip manufacturer to earn as much as NT$1 trillion in revenue in 2025. The analysis is based on the assumption that TSMC's share in Apple's products is growing, and the firm's fabrication plants in Arizona are also expected to play a key role. Apple CEO Tim Cook has repeatedly stressed that his firm is TSMC Arizona's largest customer, and TSMC's leading-edge 2-nanometer chip fabrication process is expected to play a key role in increasing the value of Apple's orders to TSMC. Apple's Orders To TSMC Will Increase Due To Newer Manufacturing Technologies, Believe Analysts TSMC's first quarter of 2025 revenue marked a sizable growth in the firm's 3-nanometer revenue over the year-ago figures. During the period, 22% of the firm's revenue came from 3-nanometer technologies, accounting for a 13 percentage point jump from Q1 2024's 9%. At the same time, revenue contribution from 5-nanometer process technologies dropped by one percentage point, while revenue contribution from 7-nanometer process technologies dropped by four percentage points. The jump in 3-nanometer orders is primarily due to Apple's orders as the firm often uses TSMC's latest chip manufacturing technologies for processors used in its smartphones. Now, analysts quoted by Taiwan's Economic Daily believe that 2-nanometer orders from Apple could touch NT$1 trillion in 2025 or roughly equivalent to $33 billion. TSMC earned $90 billion in revenue in 2024, and the sources quoted by the publication add that the revenue growth will also stem from TSMC increasing its presence across all of Apple's products. If the orders materialize, Apple's share of TSMC's revenue could grow significantly this year. The analysts believe the firm bought NT$624 billion of chips from TSMC in 2024. TSMC does not disclose customer revenue details, but Apple is long thought to be the firm's largest customer. A growth in orders to NT$1 trillion in 2025 would be 60% in percentage terms. The NT$1 trillion figure is the high end of the range, as analysts expect the 2025 figure to range between NT$800 billion and NT$1 trillion. The midpoint would mark 44% annual growth, while the low end would mark 28%. They believe that whether a high end is achievable depends on the speed at which TSMC's Arizona plants picks up production and the production ramp up of the 2-nanometer process technology. TSMC's 2-nanometer manufacturing process is the most advanced in the world. It uses newer nanosheet transistors over the previous technologies' FinFET designs. TSMC is competing with Samsung and Intel regarding the 2-nanometer technology. Intel also aims to start producing its 18A manufacturing process in 2025. Under the leadership of new CEO Lip-Bu Tan, Intel is seeking a share of the contract chip manufacturing industry, where TSMC is the dominant player and holds the highest market share. Deal of the Day