BREAKING: Apple commits $600 billion to US investment with new major manufacturing expansion
“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.”
Apple CEO Tim Cook met with President Donald Trump at the White House on Wednesday, as the company announced a new $100 billion investment in its American operations. The new pledge brings Apple’s total US commitment to $600 billion over the next four years.
The new plan includes the launch of the American Manufacturing Program (AMP), which aims to expand Apple’s domestic supply chain and encourage international partners to manufacture key components in the United States.
“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,” Cook said. “This includes new and expanded work with 10 companies across America.”
The tech giant is expanding partnerships with US-based companies like Corning, Texas Instruments, Broadcom, and GlobalWafers. Through AMP, Apple says all cover glass for iPhones and Apple Watches will be made in the U.S., and new deals will expand rare earth magnet and silicon chip production domestically, the company said in a statement.
Apple currently supports over 450,000 jobs through its suppliers in all 50 states and operates in 79 U.S. manufacturing facilities. It plans to hire 20,000 more employees over the next four years, with a focus on R&D, AI, and chip engineering.
Key projects include a new Apple-Corning Innovation Center in Kentucky, a major server manufacturing site in Houston, and expanded chip production at TSMC’s Arizona plant and TI’s facilities in Utah and Texas.