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Tim Cook says he is 'really pleased' with progress on stitching together Apple's end-to-end silicon supply chain in the US
CNBC· 2025-09-16 22:33
Core Viewpoint - Apple is making significant progress in bringing manufacturing to the U.S., with a commitment of $600 billion over the next four years, including investments in various projects and partnerships [2][4]. Group 1: Investment Commitments - Apple announced a $500 billion commitment earlier this year to enhance domestic manufacturing capabilities [2]. - The company has pledged $2.5 billion to Corning's Kentucky glass factory to produce glass for iPhones and Apple Watches [2]. - An additional $100 billion will be spent on U.S. companies and suppliers, as part of the broader $600 billion investment plan [2]. Group 2: Supply Chain Development - Apple aims to establish an end-to-end silicon supply chain, with a target of producing 19 billion chips for its products in the current year [3]. - The company is investing in Taiwan Semiconductor's advanced chip fabrication plant, which will be the most advanced in the U.S. [3]. - A partnership with MP Materials for rare earth magnets is also part of Apple's strategy to strengthen its supply chain [3]. Group 3: Regulatory Environment - Apple maintains a positive relationship with the Trump administration, focusing on reducing regulatory barriers for building new factories and data centers [4]. - The administration's recent announcement of a 100% tariff on semiconductor imports, exempting companies like Apple that manufacture in the U.S., is seen as beneficial for Apple's operations [4].