They’re not quite equal. Apple needs TSMC but not newest node tsmc. TSMC needs apple to fund newest node. But apple can’t walk away entirely, because they need

They’re not quite equal. Apple needs TSMC but not newest node tsmc. TSMC needs apple to fund newest node. But apple can’t walk away entirely, because they need something from TSMC. Apple is probably weaker because it’s likely someone else can fund the newest node for TSMC, just might take more work.