American Manufacturing Program -- Apple -- August 28, 2025

Locator: 48988APPLE.

In all the clutter of news the past two weeks, it's easy to forget this, the American Manufacturing Program, or better framed, Apple's American Manufacturing Program:

• link here; and,
• link here to AP.

From August 6, 2025, Trump announces Apple investing another $100 billion in US manufacturing.

Apple CEO Tim Cook joined President Donald Trump at the White House on Wednesday to announce a commitment by the tech company to increase its investment in U.S. manufacturing by an additional $100 billion over the next four years.

“This is a significant step toward the ultimate goal of ensuring that iPhones sold in the United States of America also are made in America,” Trump said at the press conference. “Today’s announcement is one of the largest commitments in what has become among the greatest investment booms in our nation’s history.”

As part of the Apple announcement, the investments will be about bringing more of its supply chain and advanced manufacturing to the United States as part of an initiative called the American Manufacturing Program, but it is not a full commitment to build its popular iPhone device domestically.

This is a big deal.

Look with whom Apple has partnered. This is truly unprecedented. Think of the "force-multiplication" that is going on. 

Apple with a dozen primary partners -- entry fee: $250 billion market cap. 

Each of the dozen primary partners, another dozen secondary partners for each of the primary -- entry fee: $500 million market cap. 

12 x 12 = 144.

********************************************
Apple's American Manufacturing Program

Apple's American Manufacturing Program (AMP) includes initial partners such as Corning for cover glass, Coherent for VCSEL lasers, MP Materials for rare earth magnets, and semiconductor companies Texas Instruments, Samsung, GlobalFoundries, Amkor, and GlobalWafers America, with plans to manufacture an end-to-end silicon supply chain in the U.S. by bringing new technology to the U.S. first.

Here are some of the specific partners and their roles in Apple's American Manufacturing Program:

For Physical Components

Corning:

A partner in manufacturing cover glass for all iPhone and Apple Watch devices in Kentucky, and will also establish a new Apple-Corning Innovation Center in the state.

Coherent:

• A long-standing partner that produces VCSEL lasers for features like Face ID and other components, with operations in Sherman, Texas.

MP Materials (this draws Apple to the table shared with DOD and Palantir):

• Apple has committed to buying American-made rare earth magnets from MP Materials, and the two companies will expand the Independence facility in Fort Worth, Texas, and establish a rare earth recycling line in Mountain Pass, California.

For Silicon Manufacturing

Texas Instruments:

• Expanding its partnership to support additional tool installations at its Utah facility and a new facility in Sherman, Texas.

Samsung:

• Collaborating to launch an innovative new chip-making technology in Austin, Texas, to optimize chip performance for Apple products.

GlobalFoundries:

• Partnering to bring new semiconductor manufacturing capabilities and technology to its facility in Malta, New York.

Amkor:

• Apple is the first and largest customer for Amkor's new advanced chip packaging and test facility in Arizona.

GlobalWafers America:

• Plans to manufacture advanced bare wafers in the U.S. for the first time, using silicon from Corning. See link here. See also the Apple-Corning (GLW) relationship.
  

These partnerships aim to bring a complete silicon supply chain to America, from design to packaging.

It goes without saying, a primary partner is also: TSMC. 

Also:

• Broadcom.

These are the initial partners.

Additional partners that will be needed (not solely manufacturing):

• 5G
• satellite
• AI

************************************
A Musical Interlude

Link here.