Apple announced that it has added Cirrus Logic to its U.S. Manufacturing Program and will invest $400 million through 2030 to expand U.S. production of key components, including audio and mixed‑signal chips that Cirrus Logic designs. The partnership is part of Apple’s broader $600 billion, four‑year commitment to U.S. manufacturing and innovation.
Cirrus Logic will collaborate with GlobalFoundries to establish new semiconductor process technologies at GlobalFoundries’ facility in Malta, New York. The joint effort will enable the development of mixed‑signal solutions for Apple, including advanced integrated circuits that power Face ID systems. The partnership places Cirrus Logic among a select group of suppliers that will receive U.S. manufacturing support, potentially increasing order volume and strengthening its supply‑chain footprint in the United States.
Cirrus Logic’s recent financial performance underscores the strategic value of the partnership. In Q4 fiscal 2025 the company reported revenue of $424.5 million, up 14% year‑over‑year, and adjusted earnings per share of $1.67, beating analyst estimates by $0.49 (a 45% beat). The growth was driven by higher smartphone unit shipments and the introduction of new high‑margin products. In contrast, Q4 fiscal 2024 revenue was $371.8 million, down 0.3% year‑over‑year, while adjusted EPS of $1.24 beat estimates by $0.49 (an 85% beat). The slight revenue decline in 2024 was attributed to reduced demand in non‑smartphone applications.
Segment analysis shows that in Q4 fiscal 2024 the High‑Performance Mixed‑Signal segment contributed 39% of total revenue ($145.1 million), while the Audio segment accounted for 61% ($226.6 million). The audio segment’s continued strength reflects strong demand for high‑precision audio solutions in consumer devices, a core area for Apple’s product line.
Management has highlighted progress in fiscal 2024, noting the launch of boosted amplifiers and smart codecs, and expressed optimism about opportunities in generative AI. These developments suggest a focus on expanding product capabilities and entering new application areas.
The partnership aligns with industry trends toward domestic production and supply‑chain diversification, driven by geopolitical tensions and trade policies. Apple’s investment signals a long‑term commitment to U.S. manufacturing, which can provide Cirrus Logic with a stable revenue stream, reduced supply‑chain risk, and a stronger competitive position in the audio and mixed‑signal semiconductor market.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.