White House says Apple to announce $100B US investment commitment for manufacturing
UNITED STATES, AUG 6 – Apple will increase its U.S. manufacturing investment to $600 billion over four years, aiming to reduce tariff costs and strengthen domestic supply chains, supporting over 450,000 jobs, officials said.
- On Wednesday, President Donald Trump will announce at the White House that Apple is committing another $100 billion to domestic manufacturing, aiming to bring more supply chain activity to the US.
- Amid looming tariff threats, President Donald Trump warned earlier this year he would impose at least 25% tariffs on Apple products if iPhone manufacturing didn’t move to the US, and plans to unveil tariffs on semiconductor goods next week.
- In addition to the new pledge, Wednesday’s announcement raises Apple’s total US investment to $600 billion, including projects in Houston and Michigan.
- The White House said the deal will reshore production of critical components to bolster America’s economic and national security, emphasizing investment security in trade negotiations.
- Beyond Apple’s pledge, Nvidia aims to produce half a trillion dollars of AI infrastructure in the US over four years, with EU and Japan deals securing $750 billion in energy purchases and a $550 billion investment fund.
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Apple Adds $100 Billion to American Investment Plans
If millions and millions of Americans are to be screwing in little screws, as US Commerce Secretary Howard Lutnick so memorably put it, billions in investment will be needed. Thankfully, Apple has all that and more to spare. On Wednesday, the Cupertino, California-based company announced, along with the White House, that it would invest $100 billion to expand its domestic manufacturing capacity. For those keeping score at home, that’s in additi…
Apple announces $100 billion US investment - West Hawaii Today
Apple Inc. committed to spending another $100 billion on domestic manufacturing ahead of an event with President Donald Trump, marking the latest pledge by the tech giant to increase U.S. production as it seeks to avoid punishing tariffs on its flagship iPhones.
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