
Aug 30, 2026
✦mint
Apple bets $60 billion on Texas supply chain: What it means for shareholders
Apple plans a $60 billion investment in Texas to strengthen its U.S. supply chain. CEO Tim Cook said, "This marks our largest-ever American manufacturing program commitment." The company will produce Mac minis and AI servers there. John Ternus will take over as CEO on September 1 to lead these efforts.