WASHINGTON — Apple is expected to invest another $100 billion in the United States, a White House official shared with The Daily Wire.
President Donald Trump will make the announcement at 4:30 pm on Wednesday in the Oval Office, the official said, sharing that Apple will boost the company’s U.S. commitment to a total of $600 billion over the next four years.
“President Trump’s America First economic agenda has secured trillions of dollars in investments that support American jobs and bolster American businesses,” White House Assistant Press Secretary Taylor Rogers told The Daily Wire. “Today’s announcement with Apple is another win for our manufacturing industry that will simultaneously help reshore the production of critical components to protect America’s economic and national security.”
Apple CEO Tim Cook smiles attends the inauguration of Donald Trump in the U.S. Capitol Rotunda on January 20, 2025, in Washington, DC. (Photo by Julia Demaree Nikhinson – Pool/Getty Images)
The Wednesday announcement will include a new American Manufacturing Program (AMP), which will be focused on bringing even more of Apple’s supply chain and its advanced manufacturing to the United States. The company will use AMP to increase investments across the country and incentivize companies across the globe to manufacture critical components in the U.S., the White House official shared.
Apple supports more than 450,000 jobs and thousands of suppliers and partners in the United States.
Apple initially announced in February that it would spend $500 billion in U.S. investments during the president’s time in office, including a massive factory in Texas and around 20,000 jobs focused on research and development. The $500 billion sum includes purchases from U.S. suppliers and the production of U.S. television shows and movies for Apple TV+, among other content.
Apple shares were up 3.95% Wednesday morning, on track for their most significant single-day gain since May, CNN reports.
WASHINGTON — Apple is expected to invest another $100 billion in the United States, a White House official shared with The Daily Wire.
President Donald Trump will make the announcement at 4:30 pm on Wednesday in the Oval Office, the official said, sharing that Apple will boost the company’s U.S. commitment to a total of $600 billion over the next four years.
“President Trump’s America First economic agenda has secured trillions of dollars in investments that support American jobs and bolster American businesses,” White House Assistant Press Secretary Taylor Rogers told The Daily Wire. “Today’s announcement with Apple is another win for our manufacturing industry that will simultaneously help reshore the production of critical components to protect America’s economic and national security.”
Apple CEO Tim Cook smiles attends the inauguration of Donald Trump in the U.S. Capitol Rotunda on January 20, 2025, in Washington, DC. (Photo by Julia Demaree Nikhinson – Pool/Getty Images)
The Wednesday announcement will include a new American Manufacturing Program (AMP), which will be focused on bringing even more of Apple’s supply chain and its advanced manufacturing to the United States. The company will use AMP to increase investments across the country and incentivize companies across the globe to manufacture critical components in the U.S., the White House official shared.
Apple supports more than 450,000 jobs and thousands of suppliers and partners in the United States.
Apple initially announced in February that it would spend $500 billion in U.S. investments during the president’s time in office, including a massive factory in Texas and around 20,000 jobs focused on research and development. The $500 billion sum includes purchases from U.S. suppliers and the production of U.S. television shows and movies for Apple TV+, among other content.
Apple shares were up 3.95% Wednesday morning, on track for their most significant single-day gain since May, CNN reports.
