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Apple announced a significant increase in its U.S. investment, raising its commitment to $600 billion over the next four years. This new investment, which is $100 billion more than previously pledged, was revealed by President Donald Trump on Wednesday (August 6). Part of this investment includes expanding capabilities at the GlobalFoundries semiconductor facility in Malta, marking a milestone in Apple's decade-long partnership with the company.
The investment is part of Apple's American Manufacturing Program (AMP), which aims to bring more of Apple's supply chain and advanced manufacturing to the U.S. Apple plans to directly hire 20,000 people, focusing on research and development, silicon engineering, software development, and AI and machine learning. According to Apple's press release, the AMP will involve partnerships with 10 U.S. companies, including GlobalFoundries, to manufacture components for Apple products sold worldwide.
The AMP also includes significant expansions in states like Arizona, California, and Texas. Apple is working with partners like TSMC and GlobalWafers America to produce more than 19 billion chips in 2025. The company is also expanding its data center capacity in North Carolina, Iowa, Nevada, and Oregon.
During the announcement, President Trump mentioned plans to impose a 100 percent tariff on imported chips and semiconductors, but companies investing in the U.S. would be exempt. This move aligns with Apple's strategy to strengthen its domestic supply chain and reduce reliance on foreign manufacturing.