Expanded Apple to pour an extra $100 billion into the American economy
Apple is ramping up its domestic investment in the United States with a new $100 billion commitment, boosting its total U.S. investment to $600 billion over the next four years as part of its American Manufacturing Program (AMP). This program aims to bring more of Apple's supply chain and advanced manufacturing back to the U.S. by incentivizing suppliers and partners to produce critical components domestically.
The impact on iPhone manufacturing specifically includes increased production of components in the U.S., supporting about 20,000 new American jobs directly and many more throughout Apple’s supplier network. Roughly two-thirds of the U.S.-made components are exported globally, indicating that iPhones and other Apple products worldwide benefit from this domestic manufacturing boost. Apple’s expanded work involves several states such as Arizona, California, Iowa, Kentucky, Nevada, New York, North Carolina, Oregon, Texas, and Utah.
The investment announcement was made jointly by US President Donald Trump and Apple's CEO Tim Cook at the White House. Despite facing higher costs due to Trump's tariffs, Apple reported a quarterly profit of $23.4 billion in late July. While many iPhone components will be manufactured in the United States, the complete assembly of iPhones will still be conducted overseas.
Over the next four years, Apple is expected to spend more than $500 billion in the United States, with American manufacturers projected to make 19 billion chips for Apple in 24 factories across 12 different states this year. The company is also planning to significantly increase spending on its domestic supply chain.
One of the key projects under this investment is a new production facility for iPhone screen glass in Kentucky. However, no new information was provided about the number of additional jobs Apple plans to create over the next four years. Trump claimed that his administration was responsible for Apple's increased investment in the United States.
The enhanced investment and the AMP are designed to secure the domestic chip supply chain and expand U.S.-based production capacity, which should increase the portion of iPhone manufacturing—particularly key components—done in the United States, reinforcing the U.S. manufacturing ecosystem and reducing reliance on overseas factories.
- The enhanced investment and the American Manufacturing Program (AMP) by Apple aim to increase the portion of iPhone manufacturing, particularly key components, done in the United States.
- Apple's new production facility for iPhone screen glass in Kentucky is one of the key projects under its increased investment in the U.S.
- Over the next four years, American manufacturers are projected to make 19 billion chips for Apple in 24 factories across 12 different states this year.
- Trump claimed that his administration was responsible for Apple's increased investment in the United States, with the company expected to spend more than $500 billion in the country over the same period.