Apple is investing $100 billion in the U.S. economy
Apple is investing an additional $100 billion in the U.S. economy, bringing its total commitment to $600 billion over the next four years. This substantial investment underscores the company's focus on expanding its presence and strengthening its supply chain within the United States.
A key part of this initiative is the new American Manufacturing Program (AMP). This program is designed to boost domestic manufacturing of components and reinforce the American supply chain for Apple's products.
Through the AMP, Apple is collaborating with key partners, including Corning, which will establish the world's largest glass manufacturing facility for all iPhone and Apple Watch displays. Another partner, Coherent, will produce the lasers for the Face ID function in Texas. Apple is also actively working to create a fully American supply chain for silicon chips, with the goal that its partners will be able to produce more than 19 billion chips annually by 2025.
In addition to expanding manufacturing, Apple plans to hire 20,000 new employees in the U.S., primarily for roles in research, software development, and artificial intelligence. The company is also expanding its data centers, which will be powered exclusively by renewable energy, and supporting small businesses by opening the Apple Manufacturing Academy in Detroit.
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