Tech Stocks Rally After Apple Invests $100B in US Operations

Shares of tech companies rose after Apple pledged to invest an additional $100 billion in US operations, meeting President Trump's domestic manufacturing demands. Amazon's deal with OpenAI sparked a rally, while Palantir Technologies continued to rise after its earnings report. Uber reported higher-than-expected Q2 results, with more people using rides and deliveries.

Shares of tech companies surged following Apple's pledge to invest an additional $100 billion in U.S. operations, meeting President Trump's domestic manufacturing demands. The announcement, made on August 1, 2025, marked a significant acceleration of Apple's U.S. investment commitment to $600 billion over the next four years. The tech giant's new American Manufacturing Program (AMP) aims to bring more of its supply chain and advanced manufacturing to the United States, supporting more than 450,000 supplier and partner jobs across all 50 states.

The new program includes partnerships with major suppliers such as Corning, Coherent, GlobalWafers America (GWA), Applied Materials, Texas Instruments (TI), Samsung, GlobalFoundries, Amkor, and Broadcom. These collaborations will help fund the expansion of Apple's manufacturing capabilities in various states, including Kentucky, Texas, and California. For instance, Corning will expand its smartphone glass production line in Harrodsburg, Kentucky, while Coherent will produce VCSEL lasers in Sherman, Texas, for Apple's Face ID technology.

Apple's commitment to U.S. manufacturing also includes a focus on semiconductor production. The company is partnering with TSMC in Arizona and Texas Instruments in Sherman, Texas, to produce advanced chips for its products. Additionally, Apple is working with Samsung and GlobalFoundries to develop innovative technologies for chip manufacturing and packaging. These efforts aim to create an end-to-end silicon supply chain in the United States, capable of producing over 19 billion chips for Apple products in 2025.

The tech sector's positive reaction to Apple's announcement was evident in the stock market. Shares of Amazon and Palantir Technologies rose following the news, with Amazon's deal with OpenAI sparking a rally. Palantir Technologies continued to gain momentum after reporting strong earnings results. Meanwhile, Uber reported higher-than-expected Q2 results, with increased usage of rides and deliveries.

Apple's investment in the U.S. is expected to have a significant impact on the economy, creating new jobs and stimulating growth in various sectors. The company's focus on advanced manufacturing and technology development aligns with the broader trend of reshoring and nearshoring in the tech industry.

References:
[1] https://www.apple.com/newsroom/2025/08/apple-increases-us-commitment-to-600-billion-usd-announces-ambitious-program/