A recent media report claims that tight DRAM supply has left TSMC holding around US$1 billion worth of Apple 2nm processor work-in-process (WIP), described in the report as “processor wafers,” that cannot yet be packaged. As supporting evidence, it points to TSMC’s 2Q26 earnings call, where the company said the increase in inventory days was mainly due to the 2nm production ramp.My industry checks suggest that Apple has indeed scaled back its hardware shipment plans this year due to memory shortages. Howeve ...