Apple increases investments in the US to $600 billion and launches the American Manufacturing Program
Apple announced an additional contribution to the U.S. economy of $100 billion, bringing the total investment over the next four years to $600 billion. A key component will be the new American Manufacturing Program, aimed at developing supply chains and high-tech manufacturing within the country.
Author - Mansur Ismagulov
AMP involves collaboration with 10 major American companies, including Corning, Texas Instruments, Amkor, Broadcom, GlobalWafers, TSMC, Coherent, Samsung, and GlobalFoundries. Among the projects are the production of glass for iPhones and Apple Watches in Kentucky, the manufacturing of rare-earth magnets in Texas, and the launch of the first U.S. facility for recycling such materials.
Apple intends to create a closed-loop silicon chip manufacturing supply chain in the United States. In 2025, the country is expected to produce over 19 billion chips for the company's products. Specifically, TSMC's factory in Arizona will become one of the key suppliers, while facilities in Texas, Utah, and New York will handle the fabrication and packaging of chips for iPhones and iPads.
Additionally, a server manufacturing plant for Apple Intelligence is under construction in Houston, the Apple Manufacturing Academy is opening in Detroit, and data centers are being expanded in North Carolina, Iowa, Nevada, and Oregon.
Through AMP, Apple supports more than 450,000 jobs among its partners and plans to hire an additional 20,000 employees in the U.S., primarily in R&D, software development, artificial intelligence, and processor design. All of the company's facilities in the country operate on 100% renewable energy.
Source:
The Tech on Telegram Follow The Tech on Telegram
Keep up with the latest technology and startup news.