Overview

• The U.S. administration’s 100% tariff on imported semiconductors took effect with exemptions for companies that commit to domestic production.
• Apple’s fresh $100 billion pledge brings its total U.S. investment to $600 billion through its American Manufacturing Program.
• Corning’s Harrodsburg, Kentucky plant will produce glass covers for all iPhones and Apple Watch devices worldwide under a $2.5 billion investment.
• Apple will build a 250,000-square-foot server manufacturing facility in Houston and invest billions in data centers across North Carolina, Iowa and Oregon.
• Partners including Coherent, GlobalWafers America, Applied Materials, Texas Instruments, Samsung and Broadcom join the reshoring effort to localize Apple’s supply chain.