Tuesday, February 24, 2026 at 2:00 AM
The iPhone maker wants more supply based in the U.S., which remains years behind Asia.
The iPhone maker and its suppliers have begun to develop U.S. manufacturing capabilities for chips, a crucial goal of two U.S. presidents.
The company will move some production of the desktop computer to a Foxconn facility in Texas.
Memory chips used to be considered low-margin commodity products. Now the industry can’t make enough to satisfy data centers’ hunger.
With Pax Silica, the Trump administration is retreating from an adversarial stance it took toward allies and friends last year.
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