Ming-Chi Kuo clarifies the rumors about Apple's chip backlog: Apple (AAPL.US) produces based on orders, and it is not common for TSMC (TSM.US) to have a large backlog of work in progress.

According to the Zhixin Finance APP, in response to recent reports about "TSMC's $1 billion backlog of Apple's 2nm processors due to DRAM shortages," well-known analyst Ming-Chi Kuo from Tianfeng International Securities clarified on the social platform X. He believes that Apple (AAPL.US) and TSMC (TSM.US) have maintained a high level of close collaboration in supply chain management for a long time, making large-scale work-in-progress backlogs uncommon.