
AI Summary
Apple is investing $100 billion domestically and launching its American Manufacturing Program. As part of this, Apple will source chips for its products, including iPhones, from Samsung's Austin, Texas plant. This collaboration extends to other companies like Texas Instruments and GlobalFoundries. While Samsung is also supplying Tesla with chips, that deal involves a different Samsung facility. The partnership highlights Apple's commitment to US manufacturing and its reliance on even competitors like Samsung for key components.
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