Apple Announces $100 Billion US Investment Ahead of Trump Event

Apple Inc. committed to spending another $100 billion on domestic manufacturing ahead of an event with President Donald Trump, marking the latest pledge by the tech giant to increase US production as it seeks to avoid punishing tariffs on its flagship iPhones.

As part of what it calls the American Manufacturing Program, or AMP, Apple promised to bring more of its supply chain and advanced production to the US. The company’s AMP partners include glassmaker Corning Inc., Applied Materials Inc., Texas Instruments Inc. and others, the company said.

Corning will dedicate an entire factory in Kentucky to Apple glass ...