Tim Cook Announces Apple’s $500 Billion Investment in U.S. Over Next Four Years, Credits Trump for Boosting Domestic Semiconductor Manufacturing

In the context of mounting strains surrounding import regulations, Apple CEO Tim Cook made a notable virtual appearance at a business executives’ gathering this week, celebrating the first 100 days of President Donald Trump’s administration. During the event, Cook elaborated on Apple’s aspirations and forthcoming investments aimed at bolstering its U. S.operations, explicitly commending Trump’s emphasis on domestic semiconductor manufacturing.

Apple’s Ambitious $500 Billion Investment in U. S.Manufacturing

During his address, Tim Cook highlighted Apple’s commitment to investing a staggering $500 billion in the United States over the following four years. He pointed to the company’s enduring collaboration with local suppliers, stating, “I want to take a moment to recognize President Trump’s focus on domestic semiconductor manufacturing, and we will continue to work with the administration as we invest in these areas.”

“Hi, everyone. I’m sorry I couldn’t be with you today, but I’m glad to have the chance to speak. I’ve always said that Apple could only have been created in the United States. We are a uniquely American company and we care deeply about our impact on this country. That’s why we recently announced plans to spend five hundred billion dollars here over the next four years. We’re expanding our teams and our facilities in several states, including Michigan, Texas, California, Arizona, Nevada, Iowa, Oregon, North Carolina, and Washington. We’re also establishing a new factory for advanced AI servers in Texas, and we’ll be doubling our US advanced manufacturing fund to help companies expand in America.

We are proud to create millions of jobs here and to make significant investments to catalyze a new era of advanced manufacturing, and we’re proud to support businesses all across the country that help us deliver for our users. All told, we have more than nine thousand suppliers in the US across all fifty states.

We work with American companies to source everything from the components we used for Face ID to the glass used in an iPhone. And we expect to source more than nineteen billion chips this year in America from companies across a dozen states. That includes tens of millions of advanced chips being made right now by TSMC in Arizona, where we are the first and largest customer.

I wanna take a moment to recognize President Trump’s focus on domestic semiconductor manufacturing, and we will continue to work with the administration as we invest in these areas. Needless to say, we are excited for the future of American innovation and the incredible opportunities it will create, and we are honored to do our part.”

Currently, Apple is grappling with significant import taxes, leading to potential price increases for its products. Though the company plans to maintain current pricing in the short term, future product launches could see costs rise. Furthermore, Apple is actively encouraging its suppliers to enhance manufacturing capabilities within the U. S., a strategy that predates the Trump administration. In a related effort, former President Joe Biden enacted the CHIPS Act to promote TSMC’s investment within the United States. Stay tuned for further updates regarding these developments.

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