Trump, Apple to announce fresh $100 billion US investment5Photo© hindustantimes.com

Trump, Apple to announce fresh $100 billion US investment

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Apple CEO Tim Cook joined U.S. President Donald Trump at the White House on Wednesday (August 6, 2025) to announce a commitment by the tech company to increase its investment in US manufacturing by an additional $100 billion over the next four years.

"This is a significant step toward the ultimate goal of ensuring that iPhones sold in the United States of America also are made in America," Mr. Trump said at the press conference. "Today's announcement is one of the largest commitments in what has become among the greatest investment booms in our nation's history."

As part of the Apple announcement, the investments will be about bringing more of its supply chain and advanced manufacturing to the United States as part of an initiative called the American Manufacturing Programme, but it is not a full commitment to build its popular iPhone device domestically.