Mad Money w/ Jim Cramer 8/14/26
- Tim Cook, from Harrodsburg, Kentucky: Apple is putting $600 billion to work over four years across 79 US factories
- Cook credits the Corning glass partnership dating to the first iPhone in 2007 for reviving the town
- Cramer pushes back that the $2.5 billion Corning commitment is a drop in the bucket
- Cook argues the reshoring creates a domino effect pulling foreign suppliers onshore
Apple's capital now decides which US manufacturers get scale: Cook has put $600 billion behind the reshoring pledge, with Corning the first proof point. Cramer's challenge is whether that is anywhere near enough for holders of the supplier names.