Apple is set to invest an additional $100 billion in the United States, according to a White House official. President Donald Trump will announce this significant investment at 4:30 PM on Wednesday in the Oval Office. This new commitment will bring Apple’s total investment in the U.S. to $600 billion over the next four years.
White House Assistant Press Secretary Taylor Rogers emphasized that this investment aligns with President Trump’s economic strategy, which aims to create jobs and support American businesses. She stated that this announcement represents a victory for the manufacturing sector and will help bring back production of essential components to the U.S., enhancing both economic and national security.
The announcement will also introduce a new initiative called the American Manufacturing Program (AMP). This program aims to increase Apple’s domestic manufacturing and encourage global companies to produce critical components in the U.S.
Apple currently supports over 450,000 jobs across the country, working with numerous suppliers and partners. Earlier this year, the company revealed plans to invest $500 billion during Trump’s presidency, which includes building a major factory in Texas and creating around 20,000 research and development jobs. This earlier commitment also covers purchases from U.S. suppliers and the production of content for Apple TV+.
Following the news, Apple’s stock rose by nearly 4% on Wednesday morning, marking its most substantial single-day gain since May. This investment is seen as a boost not only for Apple but also for the broader U.S. economy, as the tech giant continues to expand its operations domestically.
