New Delhi, Aug. 30 -- Apple has generated a remarkable return of more than 2,000% under CEO Tim Cook since 2011.

As Cook gets ready to pass the leadership baton to John Ternus, Apple's senior vice president of hardware engineering, the technology giant is also stepping up efforts to strengthen its US supply chain, including a planned $60 billion investment in Texas.

The strategy is aimed at reducing Apple's exposure to potential tariff disruptions while helping protect profit margins and earnings. John Ternus is scheduled to take over as CEO on September 1, allowing him to concentrate on Apple's products and services as the company works to make its manufacturing network more resilient.

The Texas investment forms part of Apple's broade...