There’s been a lot of talk about Project Azalea, Apple’s rumored $10 billion project with TSMC to build a top-secret chip plant on domestic shores. We’ve heard it might be built in New York. We’ve heard it might be built in Portland. Wherever it’s built, though, it’s believed to be a major blow against Apple’s frenemy Samsung, who currently builds the majority of Apple’s custom ARM chips.
Unfortunately, it turns out that Project Azalea might not have anything to do with Apple after all, with TSMC’s CEO himself now denying it.