Apple (AAPL) Reiterates Dividend Commitment and TSMC Partnership in Arizona

Author's Avatar
Feb 26, 2025
Article's Main Image

In a recent shareholders' meeting, Apple Inc. (AAPL, Financial) CEO Tim Cook reaffirmed the company's commitment to increasing dividends annually, reflecting confidence in Apple's long-term financial stability. This move is anticipated to reassure investors about the company's robust fiscal health and future growth prospects.

Cook also highlighted Apple's strategic partnership with Taiwan Semiconductor Manufacturing Company (TSMC), as Apple is set to become the largest client for TSMC's new chip plant in Arizona. This collaboration underscores Apple's ongoing investment in securing a reliable semiconductor supply chain and enhancing its product offerings.

Also check out: (Free Trial)

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.