Apple to invest $100bn in US

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MG News | August 07, 2025 at 11:33 AM GMT+05:00

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August 7,2025 (MLN): Apple is to invest an additional $100 billion in the United States, increasing its total commitment to $600bn over the next four years in a major boost to American manufacturing and job creation.

Calling it the company’s “largest investment in America,” Trump said the tech giant would significantly boost spending on its domestic supply chain, including a new facility in Kentucky to produce the glass used in iPhone screens.

This emphasizes on Apple’s earlier commitment from 2021 to invest $430bn and create 20,000 new jobs. In February, the company raised that figure to over $500bn, with Trump quickly taking credit for influencing the decision, according to APP.

Apple CEO Tim Cook noted that American manufacturers are set to produce 19 billion chips for the company this year in 24 factories across 12 states.

Trump, who has long pushed to bring manufacturing back to the US, claimed the move was a major step toward ensuring that iPhones sold in the country are also made there. However, Cook clarified that while key components like semiconductors, Face ID modules, and glass will be made in the US, final iPhone assembly will continue to take place overseas.

"If you look at the bulk of it, we're doing a lot of the semiconductors here, we're doing the glass here, we're doing the Face ID module here... and we're doing these for products sold elsewhere in the world," Cook said.

Despite facing higher import costs due to tariffs imposed by the Trump administration, Apple reported a $23.4bn profit in the last quarter.

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