Apple CEO Tim Cook praised Trump for supporting US chip making during a recent business event marking the first 100 days of the new administration. Cook joined the gathering through a video call despite trade policy tensions between Apple and the current government.
Cook announced Apple plans to spend $500 billion across America over four years. The money will help grow facilities in nine states and build a new AI server factory in Texas. Apple also wants to double its manufacturing fund that supports American companies.
The tech giant works with over 9,000 suppliers across all 50 states. This year, Apple expects to buy 19 billion chips made in America, with TSMC in Arizona serving as its biggest chip supplier. Cook thanked Trump directly for focusing on bringing semiconductor manufacturing back to the US.
Apple faces higher import taxes that may force price increases on future products. The company had already started asking suppliers to make more parts in America before Trump took office. These moves began during the previous administration when TSMC first agreed to build factories in Arizona.
Cook announced Apple plans to spend $500 billion across America over four years. The money will help grow facilities in nine states and build a new AI server factory in Texas. Apple also wants to double its manufacturing fund that supports American companies.
The tech giant works with over 9,000 suppliers across all 50 states. This year, Apple expects to buy 19 billion chips made in America, with TSMC in Arizona serving as its biggest chip supplier. Cook thanked Trump directly for focusing on bringing semiconductor manufacturing back to the US.
Apple faces higher import taxes that may force price increases on future products. The company had already started asking suppliers to make more parts in America before Trump took office. These moves began during the previous administration when TSMC first agreed to build factories in Arizona.
