Apple's Significant US Investment Expansion

In a bold move to reinforce its commitment to the United States, Apple Inc. has announced an additional $100 billion investment to expand its operations. This monumental decision builds upon the company's previous $500 billion four-year commitment made earlier in February.

White House Event Highlights

The revelation was made just before a notable White House event, where Apple CEO Tim Cook and US President Donald Trump shared the stage. President Trump commenced his address by acknowledging Apple's latest financial pledge, underscoring the importance of such investments in bolstering the nation's economy.

American Manufacturing Program (AMP) Initiative

Apple detailed that this fresh infusion of capital is part of its American Manufacturing Program (AMP), designed to relocate more of its supply chain and manufacturing processes to the US. The program boasts partnerships with industry giants such as Corning, Coherent, GlobalWafers America (GWA), and others, showcasing a collective effort to revitalize American manufacturing.

Groundbreaking Commitment to Corning

In a landmark announcement, Apple pledged $2.5 billion to produce all iPhone and Apple Watch cover glass at Corning's Harrodsburg, Kentucky facility. This initiative marks the first time that 100% of the cover glass for these devices sold globally will be manufactured in the US, setting a new precedent in the tech industry.