Apple Expected to Announce $100 Billion US Manufacturing Investment

Apple is expected to announce a significant new U.S. investment commitment totaling $100 billion during an event at the White House with President Donald Trump and CEO Tim Cook. This new pledge is part of Apple's broader American Manufacturing Program and brings its total planned U.S. investment over the next four years to $600 billion, up from the $500 billion commitment announced earlier in February. The investments include expanding chip production, building new factories such as a facility in Houston, Texas, and creating tens of thousands of research and development jobs nationwide. White House economic adviser Kevin Hassett highlighted the announcement as part of a larger trend of trillions of dollars in commitments from companies to build new domestic manufacturing facilities under the Trump administration. While Apple has not provided direct comments, the timing and scale of the announcement reflect ongoing efforts to bolster U.S. manufacturing and technology sectors. This announcement underscores the Trump administration's focus on encouraging major corporations to increase their domestic investments.