Cirrus Logic Expands Apple Partnership in the American Manufacturing Program!

The semiconductor company Cirrus Logic (CRUS) specializes in analog and mixed-signal data converters as well as audio processors, primarily to ensure good voice and sound quality in smartphones. The major customer Apple accounts for about 94% of the revenue and plans to invest $600 billion over four years in the U.S. economy through the American Manufacturing Program (AMP). On March 26, Cirrus Logic was selected as one of the new partners in a partial investment of $400 million to produce key materials and components in the USA. As part of this...