Apple Commits $100 Billion to Boost U.S. Manufacturing

Apple Inc is set to announce a $100 billion commitment to increase domestic manufacturing in the U.S., aligning with President Trump's trade agenda. This comes as part of a $500 billion U.S. investment plan, including a new AI server factory in Texas, enhancing economic and national security.

In a significant move likely to influence the manufacturing sector, Apple Inc will unveil a $100 billion domestic manufacturing pledge this Wednesday focused on bolstering production within the United States, according to a White House official. This pledge marks a major financial commitment by the tech giant amidst an aggressive U.S. trade agenda.

Apple had previously announced a $500 billion investment plan in the U.S., including a substantial factory project in Texas dedicated to artificial intelligence servers. The company aims to create approximately 20,000 additional research and development jobs, reinforcing its footprint across the country, though it has yet to officially comment on this recent development.

The pledge emerges as the company navigates the financial impact of tariffs, costing Apple $800 million in the June quarter, and as production shifts occur towards India and Vietnam. White House spokeswoman Taylor Rogers sees this as a strategic victory to enhance U.S. manufacturing while securing economic and national interests.

(With inputs from agencies.)