Overview

• Apple added $100 billion to its U.S. investment plan this week, bringing its four-year commitment to $600 billion for reshoring manufacturing and supply-chain operations.
• The American Manufacturing Program, launched at the White House, brings together Apple and key suppliers—Corning, Coherent, GlobalWafers America, Applied Materials, Texas Instruments, Samsung and Broadcom—to build an end-to-end domestic silicon ecosystem.
• Corning will dedicate its Harrodsburg, Kentucky facility to mass-produce glass covers for iPhones and Apple Watches under a $2.5 billion agreement.
• As part of the initiative, Apple will open a 250,000-square-foot server manufacturing plant in Houston and fund new data centers in North Carolina, Iowa and Oregon.
• President Trump’s imminent 100% tariff on imported chips and semiconductors will exempt firms with U.S. manufacturing commitments, a carve-out already confirmed for Apple, TSMC, Samsung and SK Hynix.