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NASDAQ:HCP 7 August 2025

Apple’s $100B Surprise, Space Startup Soars, and Tech Glitches Galore – Tech News Roundup (Aug 6–7, 2025)

Apple’s $100B Surprise, Space Startup Soars, and Tech Glitches Galore – Tech News Roundup (Aug 6–7, 2025)

Apple Doubles Down on US Manufacturing: Apple announced an additional $100 billion investment in US manufacturing to stave off tariff threats theverge.com theverge.com. The new “American Manufacturing Program” expands Apple’s partnership with Corning to make “100 percent” of iPhone and Apple Watch cover glass in Kentucky, and teams with Samsung at its Texas chip fab on a “never-before-used” chipmaking technology theverge.com. “I’m proud to say that Apple is leading the creation of an end-to-end silicon supply chain right here in America... We’re going to keep working with our suppliers to move even more of this incredibly advanced work to America,” CEO Tim Cook said theverge.com. The pledge builds on Apple’s earlier $500 billion US investment plan and comes as President Donald Trump pressures firms to produce domestically, even threatening a 25% tariff on iPhones if they don’t theverge.com theverge.com. Apple’s move appears to be paying off—its stock rose 1.6% after the announcement, as Citi analysts noted “concerns over incremental tariff impact to Apple have eased” reuters.com reuters.com.
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