Apple unveils $600 billion investment in US manufacturing, presents 24-carat gift to Trump
Washington: Apple has announced plans to extend its manufacturing presence in the United States with the introduction of the American Manufacturing Program (AMP), backed by a $600 billion investment over the next four years.
At a ceremonial event at the White House, Apple CEO Tim Cook also presented a symbolic gift to President Donald Trump. A specially designed commemorative piece, the gift is an artifact, which Cook described as the only one of its kind, was crafted entirely in the United States. It features a circular glass component manufactured by Corning, the company responsible for producing the glass used in iPhones, mounted on a 24-karat gold base sourced from Utah.
The glass element bears the inscription “President Donald Trump” alongside Apple’s iconic logo, the signature of Tim Cook and the year “2025.” It was designed by a former U.S. Marine Corps corporal now employed at Apple.
During the press conference, Cook noted Apple’s long-term vision to reposition the U.S. as a global hub for technological innovation and advanced manufacturing. He confirmed that the AMP will be developed in partnership with more than ten companies, including Corning, Coherent, GlobalWafers America, Applied Materials, Amkor, Texas Instruments, Samsung, GlobalFoundries and Broadcom. These firms will be contributing key components for Apple’s product lines.
The announcement from Apple comes after the U.S. government’s increasing pressure on technology companies to reduce reliance on foreign manufacturing.
Tim Cook stated, “We're proud to increase our investments across the United States to $600 billion over four years and launch our new American Manufacturing Program.”
Apple is expanding our US commitment to $600 billion over the next four years. And our new American Manufacturing Program will bring even more jobs and advanced manufacturing to the US. pic.twitter.com/6KWkTGJN3O
— Tim Cook (@tim_cook) August 6, 2025
"We believe deeply in the promise of this great nation." - @Apple CEO @tim_cook pic.twitter.com/9oeTqxbM8A
— The White House (@WhiteHouse) August 7, 2025
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NATO, others turn down US call for help in Hormuz: Trump
Washington (PTI): President Donald Trump on Tuesday said NATO and most of US' other allies have rejected his calls to help secure the Strait of Hormuz as the war with Iran entered the third week.
In a social media post, Trump asserted that Iran’s military has been “decimated” and he no longer felt the need for assistance from NATO countries or anyone else.
Last week, Trump had sought help from European nations and others who depend on oil supplies transiting from the Hormuz Strait to safeguard the critical waterway.
“The United States has been informed by most of our NATO “Allies” that they don’t want to get involved with our Military Operation against the Terrorist Regime of Iran, in the Middle East, this, despite the fact that almost every Country strongly agreed with what we are doing, and that Iran cannot, in any way, shape, or form, be allowed to have a Nuclear Weapon,” the US President said in a post on Truth Social.
Iran's attacks on Gulf nations and its grip on the Strait of Hormuz, through which a fifth of the world's oil is transported, have sparked increasing concerns of a global energy crisis and are unnerving the world economy.
“I am not surprised by their action, however, because I always considered NATO, where we spend Hundreds of Billions of Dollars per year protecting these same Countries, to be a one-way street — We will protect them, but they will do nothing for us, in particular, in a time of need,” Trump said.
He said Australia, Japan and South Korea too have turned down his call for help.
“Fortunately, we have decimated Iran’s Military – Their Navy is gone, their Air Force is gone, their Anti-Aircraft and Radar is gone and perhaps, most importantly, their Leaders, at virtually every level, are gone, never to threaten us, our Middle Eastern Allies, or the World, again,” Trump said.
He said that given the scale of recent military successes, the US no longer "need" or desires assistance from NATO countries, adding that it never relied on such support in the first place.
Speaking as President of the United States, the "most powerful" country in the world, "we do not need" help from anyone, Trump said.
The West Asia conflict began on February 28 when the US-Israeli combine conducted airstrikes on Iran.
The Strait of Hormuz, the narrow waterway that connects the Persian Gulf to the open ocean, has effectively been shut following the US and Israel attack on Iran and Tehran's sweeping retaliation.
However, Iranian Foreign Minister Abbas Araghchi had said that from Tehran's "perspective", the strait is "open". "It is only closed to Iran's enemies, to those who carried out unjust aggression against our country and to their allies.”
Earlier in the day, a second Indian-flagged LPG tanker, Nanda Devi, reached the country after safely sailing from the war-hit Strait of Hormuz. On Monday, the first ship, Shivalik, reached Mundra port in Gujarat.
As of now, 22 Indian vessels remain on the west side and two on the east side of the strait.
Indian authorities are in constant touch with all the relevant stakeholders in the region to secure the safe passage of the remaining ships, officials said.
