The volume of the new A16 chips, first introduced with iPhone 14 Pro in 2022, will "ramp up considerably when the second stage of the Phase 1 fab is completed and production is underway, putting the Arizona project on track to hit its target for production in the first half of 2025," Culpan said, citing sources familiar with the situation.
In our view, it is notable that Apple has enough confidence in TSMC's new Arizona chip factory that it's willing to bet on new advanced mobile processors being built in America for the first time rather than building less critical components.