President Trump and Apple CEO Tim Cook Announce Major U.S. Investment
WASHINGTON — President Donald Trump and Apple CEO Tim Cook revealed that the technology giant plans to invest a total of $600 billion in the United States over the next four years, increasing the initial announced amount by $100 billion. Trump announced this significant commitment during a ceremony in the Oval Office, flanked by Cook, Treasury Secretary Scott Bessent, and Commerce Secretary Howard Lutnick.
Details of the Investment and Job Creation
"This marks the largest investment Apple has ever made in the U.S. and globally," Trump stated, emphasizing that the company is "bringing manufacturing back home." The investment includes the development of extensive manufacturing facilities across the country, which are expected to generate over 20,000 new jobs for American workers, along with thousands more at Apple’s supplier companies such as Corning, Broadcom, Texas Instruments, and Samsung.
Collaborations and Facility Developments
Part of the plan involves collaborating with Corning to establish the world’s largest Smart Glass production line in Harrodsburg, Kentucky. Additi...