Apple’s stock surged over 5% to $214.90 after announcing a $100 billion expansion in U.S. production and a groundbreaking chip partnership with Samsung. The move, unveiled alongside U.S. political leadership, aims to mitigate tariff risks by shifting critical semiconductor manufacturing to Texas. Samsung will exclusively supply revolutionary chips for iPhones, described as "unprecedented globally," while Corning will provide U.S.-made glass for all devices. The strategy counters recent tariff hikes on imports from India and China, with analysts estimating fully domestic iPhone production could otherwise cost $3,500 per unit.
Market Euphoria Meets Skepticism
While suppliers like AAC Technologies and Lens Technology saw shares jump up to 6%, experts question whether Apple can meaningfully relocate its supply chain. The $600 billion total U.S. investment spans four years but creates only 20,000 jobs, primarily in R&D. Technical charts show Apple’s stock testing a key resistance level at $215, with a breakout potentially fueling further gains. Meanwhile, Ireland faces fiscal vulnerability as U.S. tax policies disrupt its tech-dependent revenue streams. Speculation around an iPhone 17 September launch adds momentum, though Apple’s lag in AI innovation remains a concern.
