
Apple plans to commit an additional $100 billion to U.S. manufacturing and infrastructure, deepening its engagement with the White House, as reported by Bloomberg.
The latest pledge may “soften the White House’s ire” over Apple’s heavy reliance on India for iPhone assembly, administration sources suggest. While the promised investment is substantial, it stops short of the full shift to U.S.-based production that Trump and top officials have envisioned.
This new commitment raises Apple’s total planned investment in the United States to $600 billion over four years, according to sources familiar with the discussions. The move follows heightened trade tensions, notably with India, where tariffs on imported electronics and components recently doubled to 50 percent.
Apple disclosed last week it took an $800 million hit from tariffs in the June quarter, slightly less than previously projected, and expects tariffs to add $1.1 billion to costs in the September quarter, assuming no policy changes or new duties.
Shares of Apple rose as much as 3.6% on Wednesday, marking their largest gain in nearly three months..
The investment is expected to support the expansion of advanced manufacturing hubs, strengthen domestic sourcing of key components, and bolster R&D capacity across several states. While specific project sites have yet to be disclosed, officials noted that a portion of the funds will target semiconductors, battery technology, and artificial intelligence applications.
For President Trump, the announcement represents a political win as he sharpens his economic message ahead of a likely re-election bid. For Apple, it’s a calculated effort to preempt further regulatory scrutiny and reduce exposure to volatile cross-border trade restrictions.