Apple Commits $600 Billion to U.S. Expansion, Corning Gains $2.5 Billion for iPhone Glass

Tim Cook announced Apple's $600 billion investment in U.S. operations over the next four years, targeting new and existing factories, workforce development, and local partnerships. The initiative will impact nearly 80 sites across the country, with Cook expressing hope for a domino effect inspiring other companies to follow suit.

Corning, Apple's Kentucky-based glass supplier for iPhones and Apple Watches, secured $2.5 billion to expand production facilities. "It's a great start, and a very important one," Cook said, emphasizing the critical role of glass in user interfaces. The investment solidifies Corning's position in Apple's domestic supply chain.

Apple plans to deepen collaborations with U.S.-based semiconductor manufacturers including Taiwan Semiconductor, Texas Instruments, and Applied Materials. This strategic MOVE reinforces Apple's commitment to strengthening domestic manufacturing capabilities while potentially influencing broader industry trends.