Apple CEO Tim Cook Pledges $100 Billion More in US Investment for American Manufacturing

Apple's Commitment to American Manufacturing

• 🇺🇸 Apple CEO Tim Cook expressed gratitude for President Trump's advocacy for American innovation and manufacturing.
• 💡 Cook stated that American innovation is central to Apple's operations, with products designed and a significant workforce hired and grown in the US.
• 📊 Apple currently supports 450,000 jobs through thousands of suppliers and partners across all 50 states.

Expanded US Investment and New Programs

• 💰 Apple is committing an additional $100 billion to the United States over the next four years, bringing the total US investment to $600 billion.
• 🚀 This expansion is part of the new Apple's American Manufacturing Program, aimed at spurring more production of critical components within America.
• 🤝 Ten new agreements have been signed with American companies to facilitate this increased domestic production.

Advancements in Silicon and Component Production

• semiconductor end-to-end silicon supply chain in America, involving design, equipment, wafer production, fabrication, and packaging.
• 🏭 Key partners like Texas Instruments, Global Wafers America, and Applied Materials are involved in this initiative in Texas.
• 칩 Apple is working with TSMC in Arizona, which is producing millions of chips for Apple using advanced technology.
• 🇺🇸 American manufacturers are projected to produce $19 billion in chips for Apple this year, across 24 factories in 12 states.

Rare Earth Magnets and Advanced Glass Production

• 🧲 Apple is committed to purchasing American-made advanced rare earth magnets developed by MP Materials, which will be integrated into Apple devices.
• 🏭 MP Materials will significantly expand its facility in Fort Worth, Texas, and is developing a rare earth recycling line in Mountain Pass, California.
• 📱 In Kentucky, Apple has partnered with Corning to build the world's largest and most advanced smartphone glass production line.
• 💎 For the first time, every new iPhone and Apple Watch sold globally will contain cover glass made in Kentucky.

Investment in AI and Future Growth

• 🌐 Apple is significantly growing its investments in Artificial Intelligence (AI).
• 🏢 This includes expanding data center capacity in states such as North Carolina, Nevada, Iowa, Arizona, and Oregon.
• 🌟 Cook reiterated Apple's commitment to continued investment, hiring, and technology building in America, emphasizing its pride as an American company.