Apple to invest $100bn in US

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