Business

Apple Amplifies US Investment to $600 Billion, Unveils New American Manufacturing Program

Apple's Bold Move to Reshore Production

In a significant boost to the US economy, Apple Inc. is set to increase its investment commitment to a staggering $600 billion over the next four years. This includes a fresh $100 billion pledge, as reported by Fox News journalist Jacqui Heinrich, citing a White House official.

New American Manufacturing Program (AMP) Unveiled

The official announcement will introduce the New American Manufacturing Program (AMP), designed to expand Apple's supply chain and enhance its advanced manufacturing presence within the United States. This initiative is a continuation of Apple's previous efforts, which included expanding facilities and ramping up R&D across the nation.

Aligning with National Economic and Security Goals

"Today's announcement with Apple is another win for our manufacturing industry that will simultaneously help reshore the production of critical components to protect America's economic and national security," the official remarked. This move is in line with the administration's broader strategy to bring production back to American soil.