Apple announced Wednesday it is investing more than $30 billion in chip manufacturing in the U.S.
The investment, in partnership with Broadcom, is set to produce 15 billion chips, creating hundreds of U.S. jobs. Broadcom's facility in Fort Collins, Colorado, is expanding its capabilities to produce the chips.
"This is another major win for America and another sign that the Trump administration’s economic agenda is delivering results," a Trump administration official told Fox News Digital. "Apple has made investing in the United States a clear priority, and we hope other companies will follow its lead. We commend Apple for recognizing this opportunity and taking meaningful steps to strengthen America’s chip supply chain."
