American Manufacturing Program
Apple's US commitment is $600 billion over four years. Broadcom said on July 8, 2026 that its Apple deal is expected to exceed $30 billion. Mac mini production in Houston starts later in 2026.
The numbers
What it is
Apple's program to move more of its supply chain and chip production into the United States, with suppliers such as Broadcom, Amkor and GlobalWafers. It is also Apple's main answer to tariff pressure on imports.
Why it matters to the stock. Tariff policy has changed direction several times, and Apple has been paying for US capacity to protect its margins. Investor focus is on whether the spending and tariff relief offset memory-cost pressure on gross margin.
News
Apple expands Broadcom deal to more than $30B for US-made chips
Apple said on July 8, 2026 that its multiyear agreement with Broadcom is expected to exceed $30 billion and lead to more than 15 billion US-made chips.
Trump says Apple agreed to work with Intel on US chips; neither company confirms
On June 18, 2026, President Trump said in a Truth Social post that Apple had finalized a deal with Intel to design and make chips in the US, and that the government would take a stake in Intel in exchange for its help.
Apple to build Mac mini in Houston as Amkor's $7B Arizona plant breaks ground
Apple said Mac mini production will start later in 2026 at a new factory on its Houston, Texas campus, the first time the Mac mini will be made in the US.