Apple to invest additional $100bn in US

Apple will invest an additional $100 billion in the United States over the next four years, bringing its total US commitment to $600 billion, President Donald Trump announced Wednesday alongside Apple CEO Tim Cook at the White House.

Calling it “the largest investment Apple has made in America,” Trump said the tech giant will significantly expand its domestic supply chain, including a new Kentucky facility to produce iPhone screen glass.

This follows Apple’s February pledge to invest over $500 billion and hire 20,000 workers, building on its 2021 plan of $430 billion and 20,000 jobs.

Cook noted that this year alone, 19 billion chips for Apple products will be manufactured in 24 US factories across 12 states. While many iPhone components will now be made domestically — such as semiconductors, Face ID modules, and glass — full iPhone assembly will still occur overseas.

Trump credited his administration’s tariffs for the move and hinted at further action, including a potential 100% tariff on imported semiconductors. However, Taiwanese chipmaker TSMC will be exempt due to its US facilities.

Trump emphasized that companies manufacturing in the US will not face tariffs, and highlighted Apple’s upcoming semiconductor efforts in Texas, Utah, Arizona, and New York.

Apple recently reported a quarterly profit of $23.4 billion, outperforming expectations despite higher costs from tariffs on imported components.