Trump, Apple to announce fresh $100 Billion US investment
BLOOMBERG.COM
'manufacturing'
SUMMARY

Trump will announce Apple’s $100 billion pledge to U.S. manufacturing, prioritizing AI-critical components like semiconductor chips to dodge tariffs. The White House event details a program to localize supply chains, potentially strengthening AI hardware production. “President Trump’s America First economic agenda has secured trillions of dollars in investments that support American jobs and bolster American businesses,” said spokesperson Taylor Rogers, tying the move to national security.

After Trump’s 25% tariff threat on iPhones post his meeting with CEO Cook, Apple’s new pledge adds to its $500 billion U.S. investment, including a Houston server facility likely supporting AI infrastructure.

Advertisement
Scroll to continue reading