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Apple plans to invest an additional $100 billion in the U.S., bringing its total commitment to $600 billion over the next four years, according to a senior White House official on Wednesday. This news, first reported by U.S. media outlets, will be officially announced later Wednesday at a White House event with President Donald Trump at 4:30 p.m. Eastern Time.
Back in February, Apple revealed it would spend over $500 billion in the U.S. and create 20,000 jobs, a move Trump quickly highlighted as a sign of his administration’s influence. The company described this as its “largest-ever spending commitment,” coinciding with intensified competition among tech firms to develop advanced artificial intelligence technologies.
This new pledge builds upon plans introduced in 2021 when Apple, founded by Steve Jobs, committed to investing $430 billion and adding 20,000 jobs across the country over five years. Trump, who has encouraged U.S. companies to bring manufacturing back home by imposing tariffs on trading partners, claimed credit for the increased investment.
In July, Apple reported a quarterly profit of $23.4 billion, beating estimates despite rising costs linked to Trump’s broad tariffs. These tariffs act as taxes paid by companies importing goods into the U.S., meaning Apple faces additional costs on iPhones and other products or components imported from abroad.
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