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2d ago

Apple Leans Into $600 Billion U.S. Manufacturing Drive, Promising a ‘Domino Effect’

Cook points to early milestones meant to seed U.S. supplier networks and training pipelines.

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Apple CEO Tim Cook says his company building 79 factories across the country will create a 'ripple effect' for American manufacturing.

Overview

  • Apple plans to deploy $600 billion over four years, with 79 factories slated to benefit, according to Tim Cook.
  • A $2.5 billion expansion of Corning’s Kentucky plant is underway to supply glass for all iPhones and Apple Watches.
  • Cook says the U.S. silicon supply chain is on track to produce 19 billion chips for Apple products this year, with partnerships spanning TSMC, Texas Instruments and Applied Materials.
  • Apple cites progress on materials sourcing, including a deal with MP Materials for rare earth magnets.
  • Cook says Apple is in constant communication with the Trump administration, as recent tariff policy favors companies building domestically, while analysts note core iPhone assembly remains in Asia.