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President Trump is expected to unveil that Apple will invest another $100 billion in US manufacturing, a move that would deepen the company’s domestic supply chain footprint and reduce its reliance on foreign manufacturing, especially amid rising tariffs, Bloomberg reported Wednesday.
The announcement will be made at the White House, and Apple CEO Tim Cook is expected to attend.
The anticipated new round of investment brings Apple’s total US commitment to $600 billion, as it continues executing its $500 billion plan for the next four years.
As part of the package, Apple plans to open a high-tech manufacturing site in Houston for AI server production, double its Advanced Manufacturing Fund, and grow its data center and supplier footprint across multiple states.
White House spokesperson Taylor Rogers said in a statement that Apple’s latest commitment is a big win for domestic manufacturing and reinforces the effort to bring critical manufacturing back to America.
Most iPhones sold in the US are manufactured in India, while other hardware products like MacBooks and iPads are primarily built in Vietnam, Cook said on a recent analyst call. He stated that Apple is focused on supply chain efficiency and aims to increase its operations in the US.
Trump previously threatened to impose at least a 25% tariff on Apple iPhones if they are not manufactured in the US. He said in a May statement that he expected the company to produce iPhones domestically rather than in countries like India or elsewhere.
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