Apple stock rose 3.0% following announcements about expanded U.S. manufacturing operations. The company announced it will begin producing Mac mini computers in the United States for the first time, with production starting later this year at its Houston facility operated with Foxconn. This expansion will double the footprint of Apple's Houston campus, which already began assembling advanced AI servers in 2025. Apple's Chief Operating Officer stated demand for Mac mini is steady and predictable. The company is also expanding its Advanced Manufacturing Center in Houston and plans to create thousands of jobs. Additionally, Apple plans to purchase more than 100 million chips this year from TSMC's Arizona facility as part of a broader $600 billion U.S. investment pledge over four years. Reports also indicated Apple may announce at least five new products in early March, including new MacBook and iPhone models.
Read full analysisApple stock rose 3.0% following announcements about expanded U.S. manufacturing operations. The company announced it will begin producing Mac mini computers in the United States for the first time, with production starting later this year at its Houston facility operated with Foxconn. This expansion will double the footprint of Apple's Houston campus, which already began assembling advanced AI servers in 2025. Apple's Chief Operating Officer stated demand for Mac mini is steady and predictable. The company is also expanding its Advanced Manufacturing Center in Houston and plans to create thousands of jobs. Additionally, Apple plans to purchase more than 100 million chips this year from TSMC's Arizona facility as part of a broader $600 billion U.S. investment pledge over four years. Reports also indicated Apple may announce at least five new products in early March, including new MacBook and iPhone models.
Apple is the world's largest company by market capitalization, generating revenue from iPhones, Macs, iPads, wearables, and a high-margin services ecosystem spanning the App Store, Apple Music, and iCloud. Its installed base surpasses 2.5 billion devices, and Q1 revenue hit $143.8 billion — up 16% year-over-year — driven by what CEO Tim Cook called 'staggering' iPhone 17 demand. The company's $600 billion U.S. investment pledge and decision to reshore Mac Mini production to Houston directly address its biggest political risk: tariff exposure from its China-heavy supply chain.