Apple announces $30 BILLION investment in US chip production
“We’re grateful to the President and his administration for supporting important projects like this,” CEO Tim Cook said.
Loading the front page…
“We’re grateful to the President and his administration for supporting important projects like this,” CEO Tim Cook said.
Apple announced Wednesday that it will invest more than $30 billion in US chip manufacturing through an expanded partnership with Broadcom, a move seen as another victory for the Trump administration in its push to bring manufacturing back to the United States.
The investment will support the production of 15 billion chips at Broadcom's facility in Fort Collins, Colorado, while creating hundreds of American manufacturing jobs and strengthening the domestic semiconductor supply chain. "This is another major win for America and another sign that the Trump administration's economic agenda is delivering results," a White House official told Fox News. "Apple has made investing in the United States a clear priority, and we hope other companies will follow its lead. We commend Apple for recognizing this opportunity and taking meaningful steps to strengthen America's chip supply chain."
Apple CEO Tim Cook said the investment builds on the company's long-standing partnership with Broadcom while reinforcing its commitment to American manufacturing. "The cutting-edge components built in Fort Collins are essential to delivering the incredible performance and connectivity our customers expect, and we're proud to deepen our investments in U.S.-based suppliers that share our commitment to excellence and innovation," Cook said. "We're grateful to the President and his administration for supporting important projects like this."
The latest announcement builds on Apple's previously announced $600 billion investment in the United States over four years, unveiled during President Donald Trump's second administration. That broader commitment includes the construction of an AI server manufacturing facility in Houston, Texas, as Apple continues expanding domestic production. President Trump had already reportedly urged Cook to "go big" on reshoring manufacturing and creating American jobs. The source said Cook responded that Apple would "step up," ultimately leading to the company's $600 billion U.S. investment commitment.
Apple previously said it is partnering with local contractors to build the Houston AI server facility and is working with Houston City College to recruit and train workers for the project. The White House has laid out an economic agenda encouraging companies to expand production inside the United States, particularly in strategic industries such as semiconductors and artificial intelligence.
Libby’s Desk
Commentary and must-reads from Libby’s desk, straight to your inbox.
TPM Newsletter
The Post Millennial’s top stories, delivered to your inbox.
