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Keep in mind advanced manufacturing doesn’t necessarily mean it’ll translate into “many” jobs.
Or well paying jobs
It sucks that this is happening in response to Trump.
What exactly are they going to build in the US that they can offer for a remotely reasonable price?
Nothing. They’re investing in glass and chip manufacturing. “Apple is establishing the American Manufacturing Program (AMP) […] partners include Corning, Coherent, GlobalWafers America, Applied Materials, Amkor, Texas Instruments, Samsung, GlobalFoundries, and Broadcom.”
Note: none of this covers Apple silicon, but there are like a dozen other chips in an iPhone, and iPhones can’t ship without them.
ICE will be supplying slave labor to keep costs down.
Or that is worth the price. I don’t trust US manufacturing because I know too many people that work in plants
iPod Socks
The plastic that covers the iPhone in the box.
They already promised 500 billion, they just increased it another 100 billion. For the size of the company and how many trillions they've invested in China, this is just PR.
Yabut if that 500B was from the CHIPS act than you know they gotta re-re-roll that and say they did it first.
The CHIPS act was already gonna take like a decade to really pay off. Semiconductors are only made as cheaply as they are because of the unique geo-economic proximity of Taiwan (skilled labour) and China(cheap labour).
And the equipment to make semiconductors is proprietarily not American.
There's no way any western supply chain can compete in the short term.