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Apple has announced it will invest an extra $100 billion in the United States, bringing its total commitment to $600 billion over the next four years. The news comes as Donald Trump increases pressure on US tech companies to bring manufacturing back home.
Trump praised the move, calling it a step toward making iPhones in America. During a meeting at the Oval Office, Apple CEO Tim Cook gifted Trump a US-made souvenir, and Trump responded by saying companies like Apple were “coming home.”
Cook said Apple was responding to the political climate but added that full iPhone assembly will still happen overseas for now. He explained that while many parts, like chips, Face ID modules and glass, are already made in the US, building the entire iPhone here is not likely shortly.
The new investment will boost Apple’s supply chain and advanced manufacturing inside the country. But it still doesn’t meet Trump’s demand for complete local production. In fact, back in May, Trump had warned he might add a 25% tariff on Apple products made outside the US. Though his earlier trade policies avoided hitting electronics, this latest threat was more direct, and Apple’s move might be a way to ease the tension.
Some analysts say these spending numbers aren’t new and are in line with Apple’s past promises during both Trump and Biden’s time in office. They also pointed out that Apple hasn’t always followed through on such commitments. For example, a Texas factory that Trump promoted as a new Apple plant had already existed since 2013, and that production has now shifted to Thailand.
Most of Apple’s devices are still made in Asia, especially China. The company has also been expanding into India, Vietnam and Thailand. Experts say making iPhones fully in the US is unlikely due to high labour costs and the complex global supply chain involved.
As part of this US-focused effort, Apple will work with several partners. These include Corning, Applied Materials, Texas Instruments, GlobalFoundries, Broadcom and Samsung. Samsung will supply chips from its Texas facility, and GlobalWafers will provide silicon wafers from Texas as well.
After the news, Apple’s stock rose by 5%. Corning’s shares jumped almost 4% in after-hours trading, and Applied Materials gained about 2%.