Apple's stock surged 6% ahead of a reported $100B investment announcement at a White House event. The tech giant is set to make a significant investment in the US, boosting its stock.
Apple Inc. is set to announce a significant investment in the United States, with a reported $100 billion commitment, at a White House event. The announcement is expected to boost Apple's stock, which surged 6% ahead of the event.
The White House event, scheduled for Wednesday, will highlight Apple's new "American Manufacturing Program," which aims to bring more of its supply chain and advanced manufacturing operations to the United States. This investment is part of Apple's broader commitment to increase its U.S. investments by an additional $100 billion over the next four years, bringing its total domestic investment to $600 billion [1].
The announcement comes amidst growing tension between Apple and the Trump administration over the tech giant's production strategies. Trump has criticized Apple for shifting iPhone production to India to avoid U.S. tariffs. However, Apple's CEO, Tim Cook, has emphasized that the company is expanding its U.S. operations, citing the production of certain iPhone components in the country [2].
The investment is expected to focus on higher-end products, artificial intelligence labs, and semiconductor engineering, rather than mass-produced lower-end phones and accessories. This strategy aligns with the White House's goal of reshoring critical components to protect America's economic and national security [2].
Despite the positive stock market reaction, Apple's shares are still down by 14% this year. The company has faced challenges in the artificial intelligence field and has taken an $800 million hit from tariffs in the June quarter [2].
The event is part of a series of announcements by the Trump administration that highlight corporate commitments to increase their U.S. presence. Earlier this year, Trump announced a $100 billion investment in artificial intelligence data centers from Oracle Corp., SoftBank Group Corp., and OpenAI Inc. [3].
References:
[1] https://6abc.com/post/trump-will-highlight-apples-plans-invest-100-billion-more-us-raising-total-600/17453133/
[2] https://finance.yahoo.com/news/trump-apple-announce-fresh-100-130329501.html
[3] https://www.cnbc.com/2025/08/06/tim-cook-trump-apple-white-house.html
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