Apple Increases U.S. Investment To $600 Billion

By Amit Chowdhry • Yesterday at 3:09 PM

Apple has announced a new $100 billion commitment to the United States, bringing its total investment over the next four years to $600 billion. This expanded commitment includes the launch of the American Manufacturing Program (AMP), a new initiative to bring more of Apple’s supply chain and advanced manufacturing to the U.S.

Through the AMP, Apple will partner with ten companies to expand U.S. production of critical components. This includes a significant expansion of its partnership with Corning, which will lead to a new factory in Kentucky producing cover glass for every iPhone and Apple Watch sold globally. Additionally, Apple is partnering with MP Materials to secure American-made rare earth magnets and with Coherent for VCSEL lasers used in Face ID technology.

Apple is also focused on creating an end-to-end silicon supply chain in the U.S., with chips on track to be produced by TSMC in Arizona. The company is also collaborating with other partners, including GlobalWafers America, Texas Instruments, Samsung, and Amkor, to support the entire chip-making process, from wafer fabrication to final packaging.

The company will also continue to invest in new and expanded facilities nationwide. This includes a new factory in Houston to produce advanced servers for Apple Intelligence, an expansion of its data center in North Carolina, and continued construction on its second campus in Austin, Texas, which will feature a new research and development (R&D) lab.

KEY QUOTES:

“Today, we’re proud to increase our investments across the United States to $600 billion over four years and launch our new American Manufacturing Program. This includes new and expanded work with 10 companies across America. They produce components that are used in Apple products sold all over the world, and we’re grateful to the President for his support.”

Tim Cook, Apple’s CEO

“Apple engineers work closely with suppliers across the United States to create silicon chips that are on the leading edge of innovation. We’re committed to supporting U.S. suppliers involved in every key stage of the chip-making process — from the earliest stages of research and development, to final fabrication and packaging. We want America to lead in this critical industry, and we’re expanding our efforts to grow a silicon manufacturing ecosystem that will benefit innovators across America.”

Sabih Khan, Apple’s chief operating officer