{"id":12718,"date":"2025-09-12T23:18:07","date_gmt":"2025-09-12T23:18:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/12718\/"},"modified":"2025-09-12T23:18:07","modified_gmt":"2025-09-12T23:18:07","slug":"tim-cook-details-how-apple-will-put-its-600-billion-domestic-manufacturing-investment-to-work","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/12718\/","title":{"rendered":"Tim Cook details how Apple will put its $600 billion domestic manufacturing investment to work"},"content":{"rendered":"<p>In an interview Friday with CNBC&#8217;s <a href=\"https:\/\/www.cnbc.com\/jim-cramer-bio\/\" rel=\"nofollow noopener\" target=\"_blank\">Jim Cramer<\/a>, <a href=\"https:\/\/www.cnbc.com\/quotes\/AAPL\/\" rel=\"nofollow noopener\" target=\"_blank\">Apple<\/a> CEO Tim Cook discussed the Phone maker&#8217;s plans to follow through with its enormous investment in domestic manufacturing, emphasizing semiconductor production in the U.S.<\/p>\n<p>&#8220;You can add a lot by making it global and then stitching together the end-to-end supply chain in semiconductors,&#8221; Cook said. &#8220;I can&#8217;t stress how important this is and how much that will add to what we&#8217;re doing.&#8221;<\/p>\n<p>In total, Apple has said it will spend <a href=\"https:\/\/www.apple.com\/newsroom\/2025\/08\/apple-increases-us-commitment-to-600-billion-usd-announces-ambitious-program\/\" target=\"_blank\" rel=\"nofollow noopener\">$600 billion<\/a> on manufacturing in the U.S. over the next four years, including a <a href=\"https:\/\/www.cnbc.com\/2025\/08\/06\/apple-details-100-billion-us-spending-expansion.html\" rel=\"nofollow noopener\" target=\"_blank\">$2.5 billion expansion<\/a> of its partnership with <a href=\"https:\/\/www.cnbc.com\/quotes\/GLW\/\" rel=\"nofollow noopener\" target=\"_blank\">Corning<\/a>, which makes glass for iPhones and Apple Watches at its factory in Kentucky. Apple also said it would work with a number of different companies to grow domestic <a href=\"https:\/\/www.cnbc.com\/2025\/08\/22\/apple-will-make-chips-at-texas-instruments-60-billion-us-project.html\" rel=\"nofollow noopener\" target=\"_blank\">semiconductor production<\/a>, including <a href=\"https:\/\/www.cnbc.com\/quotes\/TSM\/\" rel=\"nofollow noopener\" target=\"_blank\">Taiwan Semiconductor<\/a>, <a href=\"https:\/\/www.cnbc.com\/quotes\/TXN\/\" rel=\"nofollow noopener\" target=\"_blank\">Texas Instruments<\/a> and <a href=\"https:\/\/www.cnbc.com\/quotes\/AMAT\/\" rel=\"nofollow noopener\" target=\"_blank\">Applied Materials<\/a>.<\/p>\n<p>According to Cook, Apple already does &#8220;business with 9,000 different partners across the U.S.&#8221; and &#8220;is in all 50 states with these suppliers,&#8221; adding that this work has created 450,000 jobs. Cook said the tech giant is &#8220;very proud to be expanding that further this year to the $600 billion level.&#8221;<\/p>\n<p>Apple is taking steps to train more manufacturing workers, Cook said, mentioning that the company opened its own &#8220;<a href=\"https:\/\/www.apple.com\/newsroom\/2025\/07\/apple-manufacturing-academy-opens-in-detroit-on-august-19\/\" target=\"_blank\" rel=\"nofollow noopener\">Manufacturing Academy<\/a>&#8221; in Detroit last month. According to a press release about the new training program, Apple is inviting small and medium-sized businesses from across the country to participate in workshops &#8220;designed to help American companies transition to advanced manufacturing by implementing artificial intelligence and smart manufacturing techniques.&#8221;<\/p>\n<p>Apple is receiving &#8220;significant support&#8221; from the Trump administration to boost domestic manufacturing, Cook said. President Donald Trump announced last month that he would impose a 100% tariff on imports of semiconductors and chips \u2014 except for companies like Apple that are &#8220;building in the United States.&#8221;<\/p>\n<p>&#8220;The president has said that he wants more in the United States,&#8221; Cook told Cramer. &#8220;And we want more in the United States.&#8221;<\/p>\n<p>Jim Cramer&#8217;s Guide to Investing<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/jointheclub\/\" rel=\"nofollow noopener\" target=\"_blank\">Sign up now<\/a>\u00a0for the CNBC Investing Club to follow Jim Cramer&#8217;s every move in the market.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/mad-money-disclaimer\/\" rel=\"nofollow noopener\" target=\"_blank\">Disclaimer<\/a> The CNBC Investing Club Charitable Trust owns shares of Apple.<\/p>\n<p>Questions for Cramer?<br \/>Call Cramer: 1-800-743-CNBC<\/p>\n<p>Want to take a deep dive into Cramer&#8217;s world? Hit him up!<br \/><a href=\"https:\/\/twitter.com\/MadMoneyOnCNBC\" target=\"_blank\" rel=\"nofollow noopener\">Mad Money Twitter<\/a> &#8211; <a href=\"https:\/\/twitter.com\/jimcramer\" target=\"_blank\" rel=\"nofollow noopener\">Jim Cramer Twitter<\/a> &#8211; <a href=\"https:\/\/www.facebook.com\/madmoney?ref=aymt_homepage_panel\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a> &#8211; <a href=\"http:\/\/instagram.com\/jimcramer\" target=\"_blank\" rel=\"nofollow noopener\">Instagram<\/a><\/p>\n<p>Questions, comments, suggestions for the &#8220;Mad Money&#8221; website? madcap@cnbc.com<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><script async src=\"\/\/www.instagram.com\/embed.js\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"In an interview Friday with CNBC&#8217;s Jim Cramer, Apple CEO Tim Cook discussed the Phone maker&#8217;s plans to&hellip;\n","protected":false},"author":2,"featured_media":12719,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[940,12615,114,357,4694,13293,85,942,46,943,190,1760,13291,13292],"class_list":["post-12718","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-apple-inc","tag-applied-materials-inc","tag-business","tag-business-news","tag-ceo","tag-corning-inc","tag-il","tag-investment-strategy","tag-israel","tag-jim-cramer","tag-markets","tag-stock-markets","tag-taiwan-semiconductor-manufacturing-co-ltd","tag-texas-instruments-inc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/12718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=12718"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/12718\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/12719"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=12718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=12718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=12718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}