Market Dynamics - Apple CEO Tim Cook and Commerce Secretary Howard Lutnick opened a new facility in Houston to assemble Apple AI servers and manufacture Mac Minis [1]

Just moments ago, we heard from Apple CEO Tim Cook and Commerce Secretary Howard Lutnick. And both really leaning into the scale of Apple's US manufacturing push. You've got Cook saying that Apple is now sourcing chips from 24 factories across 12 states, including more than 100 million chips from TSMC's Arizona facility just this year.Cook also disclosing that $60 billion or 10% of Apple's broader US commitment is being exclusively spent in Texas. And of course, the headline today is the expansion of its Ho ...

Apple opening that new advanced manufacturing center in Houston later today with commerce secretary Howard Leick set to deliver remarks alongside Apple CEO Tim Cook. Now this is part of the company's $600 billion domestic investment push. Apple already makes AI servers at this site but later this year it plans to start producing the Mac Mini at a new factory that will double the campus footprint.Now the Mac Mini it marks a different kind of US manufacturing push. a mainstream consumer product produced at hi ...