Apple has pledged an additional $100 billion investment in the U.S., bringing its total commitment to $600 billion over four years, in a move seen as easing tensions with President Donald Trump over potential iPhone tariffs.
The announcement was made at The White House on Wednesday, where President Trump praised Apple’s move as a sign that major firms were “coming home.” He spoke shortly after Apple CEO Tim Cook presented him with a U.S.-made souvenir mounted on a 24-karat gold base.
The new pledge focuses on expanding Apple’s domestic supply chain and advanced manufacturing presence, but stops short of moving iPhone final assembly to the U.S.
“Final assembly will remain overseas for a while,” Cook said, though he noted that key components such as semiconductors and glass are already made domestically.
Trump had threatened a 25% tariff on Apple products manufactured abroad, reversing earlier exemptions. Apple said the new investments may help it avoid such penalties.
Analysts said the announcement aligns with Apple's past investment patterns and serves to placate the White House.
“It helps get on Trump’s good side,” said Daniel Ives of Wedbush Securities.
Nancy Tengler, CEO of Laffer Tengler Investments, described it as “a savvy solution” to political pressure for onshore manufacturing.
Key partners in the investment include Corning, Applied Materials, Texas Instruments, GlobalFoundries, Broadcom, Samsung and GlobalWafers. Samsung will supply chips from its Texas plant, while GlobalWafers will provide 300mm silicon wafers, also from Texas.
Apple shares rose 5% following the announcement, with Corning and Applied Materials also gaining in extended trading.
Georgia is facing renewed scrutiny over alleged police ill-treatment and lack of accountability after the Council of Europe’s anti-torture body rais...
A Turkish parliamentary commission on Wednesday approved a document outlining proposed legal frameworks for the dissolution of the outlawed Kurdistan ...
The Board of Peace will be "looking over the United Nations," said U.S. President Donald Trump at the inaugural Washington meeting, where representati...
The Armenian Cabinet has approved a military-technical cooperation agreement (MTC) with Poland, which will be forwarded to parliament for ratification...
Iranian and Russian navies staged a joint exercise in the northern Indian Ocean on Thursday, as Washington builds up its military assets in the region...
Georgia is facing renewed scrutiny over alleged police ill-treatment and lack of accountability after the Council of Europe’s anti-torture body raised serious concerns in findings published on 18 February.
A Turkish parliamentary commission on Wednesday approved a document outlining proposed legal frameworks for the dissolution of the outlawed Kurdistan Workers’ Party (PKK).
The Board of Peace will be "looking over the United Nations," said U.S. President Donald Trump at the inaugural Washington meeting, where representatives from over 20 countries gathered to unveil plans for Gaza’s reconstruction and coordinate international support.
The Armenian Cabinet has approved a military-technical cooperation agreement (MTC) with Poland, which will be forwarded to parliament for ratification following its signing, according to Armenian media.
The drumbeats have finally faded at the Marquês de Sapucaí, bringing the competitive phase of the Rio Carnival 2026 to a dazzling close. Over two marathon nights of spectacle, the twelve elite schools of the "Special Group" transformed the Sambadrome into a riot of colour.
Peru’s Congress has voted to censure and remove José Enrique Jeri Ore from his posts as President of Congress and acting President of the Republic, just four months into his tenure, citing undisclosed meetings with Chinese businessmen and alleged hiring irregularities.
Israel is preparing for the possibility of receiving a green light from the United States to launch strikes against Iran’s ballistic missile system, according to Israel’s public broadcaster KAN.
France celebrated Olympic gold in the men’s biathlon relay in Anterselva on Tuesday (17 February), following a thrilling race marked by an electric atmosphere at the stadium.
Aghdam’s Qarabag FK experienced a 6–1 defeat to England’s Newcastle United in the first leg of their UEFA Champions League play-off tie in Azerbaijan's capital Baku Wednesday evening (18 February).
The Board of Peace will be "looking over the United Nations," said U.S. President Donald Trump at the inaugural Washington meeting, where representatives from over 20 countries gathered to unveil plans for Gaza’s reconstruction and coordinate international support.
Iranian and Russian navies staged a joint exercise in the northern Indian Ocean on Thursday, as Washington builds up its military assets in the region, including deploying warships near Iran, despite renewed indirect nuclear negotiations with Tehran.
Britain's King Charles III has stressed that “the law must take its course” after his brother, Andrew Mountbatten-Windsor, was arrested on suspicion of misconduct in public office, insisting a full, fair and proper investigation be carried out by the appropriate authorities.
The Trump administration has given immigration officers wider powers to detain legal refugees awaiting green cards, ordering their return to custody for renewed vetting one year after entering the U.S.
Peruvian lawmakers elected Jose Balcazar as the country's new interim president on Wednesday (18 February) ahead of general elections in April.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment