Apple to Manufacture iPhone Chips at Texas Instruments' $60 Billion U.S. Semiconductor Megaproject
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giuliomagnifico
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Summary
Texas Instruments is building a $60 billion semiconductor manufacturing megaproject in the U.S., with Apple committing to produce iPhone chips at these new facilities. The project represents a major shift toward domestic chip production, supported by political pressure including tariff threats from the Trump administration. Apple CEO Tim Cook increased the company's U.S. spending commitment to $600 billion over four years, with part of that investment going toward chip manufacturing at TI's new factories.
Key quotes
· 4 pulledTexas Instruments announced a $60 billion manufacturing megaproject in July, it was a bold bet that companies would want to mass produce foundational microchips on U.S. soil
Apple CEO Tim Cook upped his companies' U.S. spending commitment to $600 billion over the next four years, up from an original $500 billion announcement in February
Part of that spending, Cook said, will go toward making 'critic' [likely 'critical' chips or components]
President Donald Trump announced a 100% tariff on chips from companies not manufacturing in the U.S.
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