Apple opened a new advanced ma

Apple opened a new advanced manufacturing center in Houston, with CEO Tim Cook and Commerce Secretary Howard Lutnick present. The facility is already producing AI servers and plans to start manufacturing Mac Mini computers later this year. Apple put hundreds of millions of dollars into the site, which will also provide manufacturing training and education for local businesses.

The Houston site is part of Apple's broader push to expand U.S. manufacturing. Cook mentioned that Apple sourced more than 20 billion U.S.-made chips last year, including 100 million chips from TSMC's Arizona facility. Apple has also committed $600 billion to its American Manufacturing Program, supporting suppliers and semiconductor production in the U.S.

The opening comes shortly before Cook transitions from CEO to executive chairman on September 1, with John Ternus taking over as CEO.

$Apple(AAPL)$ $Taiwan Semiconductor Manufacturing(TSM)$

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