Apple(US:AAPL) Guan Cha Zhe Wang·2025-08-07 06:20Core Viewpoint - Apple announced an additional investment of $100 billion in the U.S. over the next four years, bringing its total planned investment to $600 billion, in response to pressure from President Trump [1][2]. Investment Plans - The new investment will complement Apple's previously announced $500 billion plan, which includes building a large AI server factory in Texas and creating approximately 20,000 new R&D jobs across the U.S. [1][2]. - Apple will also initiate its "American Manufacturing Plan" (AMP), aiming to shift more of its supply chain and advanced manufacturing processes to the U.S. [2]. Partnerships and Collaborations - Apple plans to deepen collaborations with ten U.S. companies, including Corning, Coherent, and Texas Instruments, to produce key components for its products [2]. - A significant investment of $2.5 billion will be allocated to support Corning's expansion project in Kentucky, which produces glass for iPhones [2]. Supply Chain Developments - Apple has signed a multi-year supply agreement with Coherent to establish an "end-to-end" supply chain for chips in the U.S., with expectations to produce 19 billion chips across 24 factories in 12 states this year [4]. - The company is currently producing many critical components, such as semiconductors and glass, in the U.S., although iPhones will continue to be assembled elsewhere for the time being [5]. Political Context - The announcement comes amid Trump's threats of punitive tariffs on the semiconductor and chip industries, positioning Apple's investment as a strategic move to mitigate potential tariffs [2][6]. - Trump's administration has expressed satisfaction with Apple's commitment, although he has indicated a desire for further commitments from the company [4]. Market Challenges - Despite a strong quarterly performance, Apple faces challenges, including a 15% decline in stock price this year and competition in AI from companies like OpenAI and Google [7].