Apple(US:AAPL) 智通财经网·2025-08-07 03:07Core Viewpoint - Apple is increasing its investment commitment in the U.S. to $600 billion, up from the previously promised $500 billion, as part of its support for President Trump's "American manufacturing" agenda [1]. Group 1: Investment and Manufacturing - Apple plans to invest $2.5 billion in Corning, its long-term glass supplier, to produce glass for iPhones and Apple Watches in Kentucky, marking a shift from previous overseas production [1]. - The new investment is part of Apple's broader "American Manufacturing Plan" (AMP), which includes expanding agreements with semiconductor partners like Samsung, Texas Instruments, and Broadcom [1][2]. - Trump's announcement highlighted that this $600 billion investment is the largest to date, emphasizing the return of investments to the U.S. [1]. Group 2: Tariffs and Economic Strategy - Apple is attempting to mitigate the impact of upcoming tariffs as the Trump administration is allowing exemptions on smartphone and electronic device tariffs to expire, which could affect Apple's operations in India [2]. - Trump indicated that companies investing in the U.S. would receive tariff exemptions, even for projects in early stages, which could benefit Apple despite its continued assembly of iPhones in China and India [2][4]. - The existing tariffs have already impacted Apple, with the company estimating a loss of approximately $1.1 billion in the upcoming quarter due to these tariffs [4]. Group 3: Historical Context and Future Plans - This is not the first time Apple has leveraged U.S. manufacturing commitments to align with Trump's priorities; a previous commitment in 2019 involved assembling the Mac Pro in Texas [5]. - Apple's initial $500 billion investment commitment was announced earlier this year, coinciding with Trump's return to the White House, and included plans for AI server production in Houston [5]. - Cook emphasized the importance of continuing to develop core technologies in the U.S. as part of Apple's long-term strategy [5].