Apple will buy some of its chips from a factory in Arizona, according to Tim Cook.
All of Apple's processing units are made in Taiwan. Taiwan Semiconductor Manufacturing Company makes the A-series and M-series processors that power Apple's mobile devices.
It would make sense for Apple to buy processors in the U.S. since it would make up a significant portion of the company's supply chain.
Cook said that the company would be buying out a plant in Arizona and that the plant would start up in 24.
The single factory in Arizona will focus on chips that use the latest manufacturing technology. The Taiwan Semiconductor Manufacturing Company said earlier this month that it is planning a second chip factory in Arizona.
Intel wants to win Apple's business for its new foundry division, which makes other companies' chips. There are plans to build additional Fabs in Ohio.
If China ever invaded the island nation, politicians in the U.S. worried that having companies like Apple source advanced and expensive parts from Taiwan could make the situation worse. Cook said that 60 percent of the world's processors are from Taiwan.
Apple does most of its final assembly on China's mainland, but it also sources parts from other countries, including the U.S. Cook said that Apple was looking at buying chips from Europe.
The CHIPS Act includes $50 billion in incentives for companies to build factories in the U.S.
An Apple representative wouldn't say anything.
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