đ usncan Note: Apple Adds $100 Billion U.S. Investment, White House Says
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Topline
President Donald Trump on Wednesday will announce another $100 billion investment by Apple to expand manufacturing in the U.S., the White House told Forbes, adding to a $500 billion commitment announced earlier this year by Tim Cook featuring plans for a new factory in the country and tens of thousands of new jobs.
https://www.cnbc.com/2025/08/06/trump-trade-india-tariffs-russia.html
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Key Facts
Trumpâs announcement will include a new âAmerican Manufacturing Programâ that would bring more of Appleâs supply chain into the U.S., with plans to manufacture critical components domestically, a White House official told Forbes in a statement.
Shares of Apple rose more than 3% to around $210 after the companyâs latest U.S. investment was first reported by Bloomberg.
Apple did not immediately respond to a request for comment.
Crucial Quote
âTodayâs announcement with Apple is another win for our manufacturing industry that will simultaneously help reshore the production of critical components to protect Americaâs economic and national security,â White House spokesperson Taylor Rogers told Forbes in a statement.
This is a developing story.
