A senior White House official announced Wednesday that Apple would expand its investment commitment in the United States by an additional $100 billion, raising its total pledge to an unprecedented $600 billion over the next four years. The news, initially reported by U.S. media, will be officially announced at a White House event with President Donald Trump and is expected to be attended by Apple CEO Tim Cook.
This expanded commitment follows a previous pledge of over $500 billion made in February, which the company had called its “largest-ever spend commitment” and was linked to the race for dominance in artificial intelligence technology. It also builds on a $430 billion investment plan announced in 2021. The Trump administration has taken credit for these decisions, which align with the president’s strategy of using tariffs to pressure U.S. companies into relocating manufacturing back home.
Despite facing higher costs from these levies, Apple reported a strong quarterly profit of $23.4 billion in late July, surpassing forecasts. The company is, however, directly impacted by tariffs, which are a tax on imported goods, including the iPhones and other components it brings into the country.
