Apple CEO Tim Cook, alongside President Donald Trump, revealed plans on Wednesday for the tech giant to invest an additional $100 billion in American companies and suppliers over the next four years.
The move is part of Apple’s escalating commitment to domestic manufacturing and comes on the heels of a previously announced $500 billion investment package earlier this year.
The fresh outlay, which would be Apple’s largest stateside investment to date, is designed to encourage global companies to purchase more U.S.-made components. At the White House announcement, Trump lauded the initiative as a signal of Apple’s deepening home-country focus. Apple has invested a bit abroad, but they’re coming home in a big way, he said, suggesting that his administration’s policies were paving the way for a wave of new American factories.
Cook used the occasion to highlight the introduction of Apple’s American Manufacturing Program, a network that enlists suppliers including Corning, Coherent, GlobalWafers, Applied Materials, Texas Instruments, Samsung, GlobalFoundries, Amkor, and Broadcom.
Among the first projects: a $2.5 billion expansion with Corning, which will see iPhone and Apple Watch glass manufactured at its Kentucky plant. Cook presented Trump with a commemorative piece made from Corning’s Kentucky glass.
Apple has also secured a multiyear agreement with Coherent for the supply of lasers critical to the iPhone’s facial recognition technology. The company noted that its U.S.-based supply chain is set to produce more than 19 billion chips in the coming year, leveraging manufacturing partnerships in Arizona (notably with Taiwan Semiconductor Manufacturing Company), Texas, Utah, and New York.
Beyond semiconductors, Apple is collaborating with companies like GlobalFoundries for wireless charging technology and Texas Instruments to enhance fabrication capacity in Utah and Texas. The ultimate vision, Apple says, is to build a seamless, end-to-end American supply chain for its advanced chips.
In recent months, Apple announced a $500 million stake in a domestic rare earth miner and new artificial intelligence server factories in Texas, underscoring the company’s ongoing commitment to U.S. innovation and infrastructure.
When pressed on the possibility of shifting iPhone assembly to the U.S., Cook acknowledged the economic and logistic challenges, but emphasized Apple’s growing footprint in U.S.-made parts. Apple is now making a lot of the semiconductors here, the glass, the Face ID modules — a big part of the iPhone is already made in America, Cook stated.
