Apple Inc. (AAPL) has raised its U.S. investment target from $500 billion to $600 billion over four years, unveiling the American Manufacturing Program in a move signaling major domestic expansion. CEO Tim Cook joined President Donald Trump at the White House to announce new partnerships with U.S. chipmakers and suppliers — a strategic push to localize Apple’s production footprint.

“We’re investing in the future of American innovation,” said Cook, highlighting new Apple-led manufacturing initiatives.

🔑 Key Developments in Apple’s U.S. Strategy

• $600B commitment will fund manufacturing across silicon, glass, servers, and AI infrastructure

• New facilities in Texas, Arizona, and North Carolina will support iPhone, iPad, and AI projects

• Partnerships include Corning, GlobalWafers, Broadcom, and others

• Apple will locally produce Face ID modules, cover glass, and advanced semiconductors

• Trump confirmed iPhones are exempt from India tariffs, citing Apple’s U.S. commitments

• AAPL stock jumped 5% on the announcement

China Legal Settlement Still Looms Over Apple

Despite the forward-looking U.S. push, Apple remains shadowed by a $490 million settlement tied to historical investor claims around its China business disclosures.

🧾 Timeline of the China-Related Lawsuit

• Nov 1, 2018: Tim Cook downplays China’s impact on sales

• Jan 2, 2019: Apple slashes revenue forecast by $9B, citing weak China demand

• Jan 3, 2019: AAPL shares plunge 10%

• Apr 16, 2019: Investors file lawsuit over misleading statements

⚖️ Allegations Included

• Concealing the true effect of the U.S.-China trade war on iPhone demand

• Downplaying impacts of battery discounts and production cuts

• Misrepresenting risk levels tied to Apple’s China exposure

Apple has agreed to settle the case without admitting wrongdoing. The $490M resolution concludes one of the company’s largest securities disputes.

Bottom Line:
Apple’s ambitious U.S. manufacturing pivot is boosting investor confidence and political capital. However, legacy legal issues tied to China remain a reputational hurdle in the near term.