Apple AAPL on Wednesday announced a new $100 billion commitment to increase investments in the U.S., bringing the company's total commitment up to $600 billion.As part of the expanded commitment, Apple announced a $2.5 billion investment to produce all of the cover glass for iPhones and Apple Watches in Corning's manufacturing facility in Kentucky. The commitment ensures that 100% of cover glass for iPhones and Apple Watches will be made in the U.S.Also Read: Can Apple's Slim iPhone And Cheaper Macs Reverse ...

SAXONBURG, Pa., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, announced that it has entered a new multiyear strategic supply agreement with Apple, expanding their long-standing partnership. Under the new agreement, Coherent will continue to produce vertical-cavity surface-emitting lasers (VCSELs) that enable key features such as Face ID on iPhone and iPad devices shipped around the world. This critical work is conducted at Coherent’s state-of-the-art manufactur ...

Apple on Wednesday announced it will spend an additional $100 billion on U.S. companies and suppliers over the next four years.The company said its investment would incentivize overseas companies to buy more U.S.-made parts. The commitment is on top of a $500 billion announcement that Apple made in February.Apple said that it had created the so-called American Manufacturing Program that includes Corning, Coherent, GlobalWafers, Applied Materials, Texas Instruments, Samsung, GlobalFoundries, Amkor and Broadc ...

Apple CEO Tim Cook speaks during the Apple Worldwide Developers Conference (WWDC) on June 09, 2025 in Cupertino, California.Apple shares popped 5% Wednesday, ahead of an Oval Office event touting an update to the company's stated plans to spend and invest in the U.S.CEO Tim Cook will join President Donald Trump for the announcement set for 4:30 p.m. ET.Apple will up its previous commitment, made in February, from $500 billion to $600 billion over the next four years, a White House official told CNBC. It wil ...

Apple CEO Tim Cook, left, and President Donald Trump speak to the press during a tour of the Flextronics computer manufacturing facility in Austin, Texas, where Apple's Mac Pros are assembled, Nov. 20, 2019.Apple CEO Tim Cook will join President Donald Trump on Wednesday for an event touting what the White House calls a new $100 billion investment commitment by the tech giant in the U.S.The announcement in the Oval Office, set for 4:30 p.m. ET, includes Apple's commitment to a new "American Manufacturing Pr ...