BING-JHEN HONG Listen below or on the go on Apple Podcasts and Spotify TSMC climbs to record levels as Taiwan says chip giant exempt from Trump tariffs. (00:23) Samsung (SSLNF) shares rise as Apple taps Texas factory for chip supply. (01:10) United Airlines (UAL) resumes operations after technical glitch. (02:15) This is an abridged transcript. TSMC has announced significant investments in the U.S recently, including an initial $65 billion to build three plants in Arizona, and an additional $100 billion U.S ...

Group 1 - NVIDIA Corporation is the undisputed leader in accelerated computing, holding a dominant market share in Graphics Processing Units (GPUs) [3]

Core Points - Apple will invest an additional $100 billion in the United States, raising its total commitment to $600 billion over the next four years [3][4] - This investment includes a significant increase in spending on the domestic supply chain, with a new production facility for iPhone screen glass in Kentucky [3][4] - Apple previously announced plans to invest $430 billion and create 20,000 jobs in the U.S. [4] Investment Details - The new investment builds on Apple's earlier commitment of over $500 billion and the creation of 20,000 jobs, which was announced in February [4] - In 2021, Apple had already pledged to invest $430 billion in the U.S. [4] - Apple is on track to have American manufacturers produce 19 billion chips across 24 factories in 12 states this year [4] Manufacturing and Tariffs - President Trump emphasized the importance of bringing manufacturing back to the U.S., stating that iPhones sold in the U.S. should also be made domestically [5] - While many components will be manufactured in the U.S., complete assembly of iPhones will still occur overseas [5] - Trump plans to impose a "100%" tariff on imported semiconductors, but TSMC will be exempt due to its U.S. factories [8] Future Plans - Apple will assist in developing and manufacturing semiconductors and semiconductor equipment in Texas, Utah, Arizona, and New York [9] - The company reported a quarterly profit of $23.4 billion, exceeding forecasts despite facing higher costs from tariffs [9]

Core Viewpoint - Apple plans to invest an additional $100 billion over the next four years to enhance manufacturing in the US, bringing its total investment to $600 billion aimed at hiring more US workers and expanding manufacturing across 10 states [1][4]. Group 1: Investment and Manufacturing Plans - Apple will develop 100% of the cover glass for iPhone and Apple Watch products in Kentucky, partnering with Corning, with a commitment of $2.5 billion for this initiative [2]. - The company aims to create an end-to-end silicon supply chain in the US, increasing domestic chip design, manufacturing, and packaging [3]. - Apple plans to hire 20,000 US workers over the next four years, supporting 450,000 jobs with suppliers and partners across all 50 states [4]. Group 2: Response to Tariffs and Production Strategy - Apple is shifting its production strategy due to steep tariffs on imports from countries where it traditionally manufactures, such as China [6]. - The company has relocated some production from China to countries like India and Vietnam to mitigate tariff impacts and reduce reliance on Chinese supply chains [7]. - Apple is preparing for the launch of the iPhone 17 in September while trying to avoid price hikes on its products due to tariffs as high as 25% [7]. Group 3: Future Manufacturing Possibilities - During a press conference, Apple CEO Tim Cook indicated that while some components are made domestically and assembly can occur in the US, he did not commit to manufacturing an entire iPhone in the US [8]. - President Trump expressed optimism about the potential for an all-US-made iPhone in the future [9]. - Apple's announcement included partnerships with companies like Texas Instruments, Broadcom, and TSMC to enhance domestic chip development and manufacturing [9]. Group 4: New Facilities and Production Capabilities - Apple has opened a new factory in Houston for server production, which will begin mass production next year to support its Apple Intelligence initiatives [10].

Investment Rating - Investment rating is maintained at "Buy" [3] Core Views - The company reported FY25Q3 revenue of $94 billion, a year-over-year increase of 9.6%, slightly above Bloomberg consensus expectations by 5.30% [6] - Operating profit reached $28.2 billion, up 11.2% year-over-year, exceeding Bloomberg consensus by 9.26% [6] - GAAP net profit was $23.4 billion, reflecting a 9.3% year-over-year increase, also above Bloomberg consensus by 9.31% [6] - Service revenue was $27.4 billion, up 13.3% year-over-year, surpassing Bloomberg expectations by 2.14% [6] - Product revenue was $66.6 billion, a year-over-year increase of 8.2%, exceeding Bloomberg expectations by 6.83% [6] - iPhone revenue was $44.6 billion, up 13.5% year-over-year, higher than Bloomberg expectations by 11.29% [6] - The Greater China region saw a revenue increase of 4.35% year-over-year, marking the first positive growth in two years, driven by national subsidy policies and promotional activities [6][7] - The company anticipates revenue growth of $416.5 billion, $438.1 billion, and $464.3 billion for FY2025, FY2026, and FY2027 respectively, with year-over-year growth rates of 6.5%, 5.2%, and 6.0% [9] Summary by Sections Financial Performance - FY25Q3 revenue was $94 billion, operating profit was $28.2 billion, and GAAP net profit was $23.4 billion, all exceeding expectations [6] - Service revenue reached $27.4 billion, while product revenue was $66.6 billion, with notable performance in iPhone and Mac sales [6][7] Regional Performance - The Greater China region achieved a revenue of $15.4 billion, marking a 4.35% increase year-over-year, attributed to national subsidies and promotional sales [6][7] - Other regions, including the US, Europe, Japan, and Asia-Pacific, also showed positive growth trends [6] Product Insights - Mac revenue increased by 15% year-over-year, driven by new M4 chip products [7] - iPad revenue declined by 8.1% year-over-year due to high base effects from the previous year [7] - Service business revenue reached a record high, with significant growth in Apple TV+ viewership and Apple Store revenue [7] Future Outlook - The company plans to launch the iPhone 17 series in September, with a focus on new product features [8] - Attention is drawn to the progress of Apple intelligence and the Google antitrust case, which may impact service revenue and overall profits [8][9]

6 August 2025 | 8:48PM EDT Apple Inc. (AAPL): US manufacturing investments lead to tariff exemption BOTTOM LINE: On August 6, the United States announced a 100% tariff on semiconductors and chips, but offered an exemption to companies that are building or committed to building in the United States. Apple was named as a company that would be exempt from tariffs given its investments in the United States. Apple's tariff exemption should alleviate tariff headwind concerns ahead of the now newly announced 100% ...

Core Points - Apple Inc. announced an additional investment of $100 billion in the U.S., bringing its total investment over the next four years to $600 billion [1] - This investment is described by President Trump as "the largest investment by Apple in the United States" [1] - The announcement was made during a press conference at the White House, where Apple CEO Tim Cook presented a unique glass gift to Trump [1] Investment Details - The new investment commitment of $100 billion is part of Apple's broader strategy to enhance its presence and operations in the U.S. [1] - The total investment of $600 billion over four years indicates Apple's significant long-term commitment to the U.S. market [1] Symbolic Gesture - Tim Cook gifted President Trump a unique piece of glass made by Corning, a manufacturer of iPhone glass, along with a 24K gold base [1] - The glass was designed by a former U.S. Marine who currently works at Apple, highlighting the company's connection to American workers [1]

Investment Overview - Apple is increasing its investment in the U.S. by $100 billion, reaching a total projected investment of $600 billion over the next four years [1][2] - The investment is part of the new American Manufacturing Program (AMP), which aims to enhance advanced manufacturing in the U.S. [2] Job Creation - Apple plans to hire 20,000 people in the U.S., primarily in research and development, silicon engineering, software development, and artificial intelligence and machine learning [2] Partnerships and Manufacturing - Through the AMP, Apple will collaborate with companies such as Corning, GlobalWafers America, Applied Materials, and Texas Instruments [3] - Apple is bringing touchscreen manufacturing to Corning's factory in Kentucky, ensuring that all iPhones and Apple Watches sold globally will feature Kentucky-made cover glass [3] - The company aims to establish an end-to-end silicon supply chain in the United States [3] Facility Expansion - Apple is expanding its U.S. facilities, with new construction projects in Houston and Maiden, North Carolina, to produce servers and enhance data center capacity [4] - Additional data center expansions are underway in Iowa, Nevada, and Oregon [4] Regulatory Context - These investments follow demands from the Trump administration for Apple to relocate manufacturing to the U.S., with threats of a 25% tariff on devices if compliance was not met [5] - The announcement also coincides with a new 25% tariff on goods imported to the U.S. from India, in addition to existing tariffs on Chinese imports [5][6]

苹果公司设立的美国制造计划（AMP）旨在将先进制造业引入美国。AMP 的合作伙伴包括康宁（Corning）、相干公司（Coherent）、美国环球晶圆 （GlobalWafers America）、应用材料公司（Applied Materials）、安靠（Amkor）、德州仪器（Texas Instruments）、三星（Samsung）、格芯 （GlobalFoundries）和博通（Broadcom）等知名企业。 在该计划中，苹果公司计划将 AMP 资金中的 25 亿美元用于与康宁的合作拓展。康宁与苹果正在合作打造"全球规模最大且最先进的智能手机级别生产 线"，该生产线将设立在康宁位于肯塔基州的工厂。苹果公司表示，未来全球销售的 iPhone 和 Apple Watch 的 100% 的外屏玻璃将"很快"实现美国制造。此 外，苹果与康宁还将共同开设"苹果 - 康宁创新中心"，致力于开发先进材料和下一代制造平台。 IT之家 8 月 7 日消息，苹果公司今日表示，将把在美国制造业的投资增加至 6000 亿美元（IT之家注：现汇率约合 4.31 万亿元人民币），在今年早些时候承 诺的四年内于美国投入 5000 ...

截至当天收盘，道琼斯工业平均指数比前一交易日上涨81.38点，收于44193.12点，涨幅为0.18%；标准 普尔500种股票指数上涨45.87点，收于6345.06点，涨幅为0.73%；纳斯达克综合指数上涨252.87点，收 于21169.42点，涨幅为1.21%。 新华财经纽约8月6日电（记者刘亚南）由于苹果公司股价显著上涨带动，纽约股市三大股指6日高开， 随后窄幅震荡，早盘涨幅扩大，午后强势盘整，收盘时纽约股市三大股指均上涨。 美国总统特朗普6日签署行政令，以印度"以直接或间接方式进口俄罗斯石油"为由，对印度输美产品额 外征收25%的关税。这意味着美国对印度总体关税税率将达到50%。 美国券商BTIG董事总经理兼首席市场技术官乔纳森·克林斯基（Jonathan Krinsky）表示，仍然认为标普 500指数在8月份可能回落到6100点水平。 个股方面，白宫官员对媒体表示，苹果公司将投资1000亿美元扩大在美国的生产。今后4年，苹果公司 在美国投资金额将超过6000亿美元。苹果公司股价当日显著上涨5.09%，带动板块走强。麦当劳当日公 布的二季度业绩超出市场预期，其股价6日上涨2.98%。由于美国超威半导 ...