Apple Stock Rises on US Tariff Exemptions, $600B Investment Plan

Apple has benefited from President Trump's promise to grant comprehensive tariff exemptions to U.S. domestic manufacturers, including tech firms producing semiconductors, which has helped boost Apple's stock and market position. The company recently announced an additional $100 billion investment in U.S. production, bringing its total planned investment to $600 billion over four years, aiming to localize components and reduce reliance on Asian supply chains amid ongoing tariff pressures. Despite avoiding new tariffs on smartphones and semiconductors, Apple still faces a $1.1 billion tariff cost this quarter and challenges in its AI strategy as competitors advance rapidly. The tariff exemptions and investment plans have contributed to positive market reactions, lifting Apple shares and supporting broader stock market gains, even as tariffs continue to impact other sectors and trading partners. However, uncertainties remain regarding the long-term effects on Apple's supply chain and product innovation, given the evolving trade policies and competitive landscape. Additionally, Apple's recent $490 million settlement of a class-action lawsuit related to China sales issues casts a shadow over its outlook despite strong domestic investment commitments.