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Maybe not literally, but effectively. If Apple's willing to place a cast-iron multi-year order worth tens of billions of dollars with TSMC, the latter is going
by dkjaudyeqooe 5y ago
Maybe not literally, but effectively. If Apple's willing to place a cast-iron multi-year order worth tens of billions of dollars with TSMC, the latter is going to go out and build more fabs. Any bank would lend them the money to do so on that basis.
Undoubtably that's why Apple gets such preferential treatment from TSMC and other suppliers.
- robocat 5y ago> Any bank would lend them the money to do so on that basis. There is a good chance Apple lent TSMC the money - although the actual transaction would probably not simply be lend at x%, but be designed to be taxation efficient for both parties which might involve other parties or securities.