ATIC says it will invest the money over the next to years, which will aid the factory's expansion to produce 20- and 14-nanometer nodes.
After Apple announced its A7 processor last year, the industry has been moving to 64-bit, says a TSMC co-CEO.
Apple has relied on Samsung for its mobile processors, but WSJ reports that Apple's deal with Taiwan Semiconductor Manufacturing Co. appears to be bearing fruit.
Apple's next-gen iPhone chip will get "taped out" this month in preparation for pilot production this summer, says an Asia-based report.
The chipmaker is putting more emphasis now on system-on-a-chip tech, which is used widely in smartphones and tablets, where the company's largely been absent.
Apple appears to be in the process of shifting chip production from Samsung to Taiwan Semiconductor Manufacturing Company.
Apple has been getting its chips "fabbed" by Samsung for years. That hasn't changed with the A7.
Apple may be gearing up for A8 processor production if its relationship with TSMC pans out.
Intel making processors for Apple's iPhone and iPad makes for good headlines, but it's not going to happen anytime soon, say analysts.
If Apple owned capacity at a fab, it would give the company the kind of control over both design and chip manufacturing that Intel has.