Apple commits an additional $100 billion investment to American production

In a significant move, tech giant Apple has announced a $100 billion commitment to US manufacturing, raising its total domestic investment pledge to $600 billion over the next four years. This ambitious plan, unveiled by Tim Cook, aims to accelerate the production of key components within the United States and bolster domestic innovation.

The announcement offers a powerful narrative of reshoring, American jobs, and industrial revival for President Trump. Under Apple's American Manufacturing Program (AMP), the company will work with at least 10 US partners, including Corning, Applied Materials, Texas Instruments, Broadcom, GlobalWafers, Coherent, Amkor, Samsung, GlobalFoundries, and MP Materials.

MP Materials, the only fully integrated rare earth producer in the United States, will oversee the production of rare-earth magnets in Fort Worth, Texas, under AMP. Apple is significantly increasing US sourcing of these magnets, including setting up a rare-earth recycling line in Mountain Pass, California.

The programme extends to specialised components like VCSEL lasers used for Face ID, which will be produced at Coherent's facility in Sherman, Texas. Corning's Harrodsburg, Kentucky facility will become home to the world's largest smartphone cover-glass production line under AMP.

Apple aims to produce more than 19 billion chips in the US for its products in 2025, partnering with GlobalWafers America, Applied Materials, and chipmakers like Texas Instruments and TSMC's Arizona plant. Every iPhone and Apple Watch worldwide is expected to feature Kentucky-made glass.

The move signals Apple's willingness to align with US policy objectives, strengthen supply-chain resilience, and bolster domestic innovation, especially in semiconductors and AI. Analysts from firms like Wedbush Securities and Citi described Apple's expanded investment as a politically savvy maneuver, helping Apple regain favor amid trade tensions.

The move carries strategic weight in terms of Apple's relationship with US trade policy. At the same event, President Trump warned of a forthcoming 100% tariff on computer chips, but companies committed to US manufacturing like Apple would be exempt. However, tariff threats from President Trump on Apple's overseas-manufactured products, including a potential 25% tariff on electronics imported from China, cost Apple an estimated $800 million in the June quarter.

In addition to boosting domestic production, Apple plans to directly hire 20,000 employees, primarily focused on R&D, silicon engineering, software development, and AI/machine learning. The company's stock rose nearly 5% following the announcement, while shares of Corning and Applied Materials also climbed by nearly 4% and 2% respectively in extended trading.

A new Apple-Corning Innovation Centre will support future design and manufacturing innovation. This commitment to US manufacturing is a significant step forward for Apple, demonstrating its commitment to American jobs, industrial revival, and strengthening its relationship with US trade policy.

Apple commits an additional $100 billion investment to American production