Business

THE TRUMP EFFECT: Apple Unveils $500B Investment in U.S. Manufacturing: Report

posted by Hannity Staff - 2.24.25

Businesses are investing in America again…

According to a Fox Business report, Apple is committing $500 billion to the U.S. economy in a historic initiative marking “an extraordinary new chapter in the history of American innovation.”

“This new pledge builds on Apple’s long history of investing in American innovation and advanced high-skilled manufacturing and will support a wide range of initiatives that focus on artificial intelligence, silicon engineering, and skills development for students and workers across the country,” the company said in a statement.

Apple CEO Tim Cook said that his company is “bullish on the future of American innovation.”

“We’re proud to build on our long-standing U.S. investments with this $500 billion commitment to our country’s future,” his statement added. “From doubling our Advanced Manufacturing Fund, to building advanced technology in Texas, we’re thrilled to expand our support for American manufacturing.”

“And we’ll keep working with people and companies across this country to help write an extraordinary new chapter in the history of American innovation.”

“Yesterday I had Tim Cook in the office from Apple. He’s investing hundreds of billions of dollars,” Trump said at a White House gathering on Friday. “That’s what he told me. Now he has to do it.”

In an official TRUTH Social post, Trump added, “APPLE HAS JUST ANNOUNCED A RECORD 500 BILLION DOLLAR INVESTMENT IN THE UNITED STATES OF AMERICA. THE REASON, FAITH IN WHAT WE ARE DOING, WITHOUT WHICH, THEY WOULD’NT BE INVESTING TEN CENTS. THANK YOU TIM COOK AND APPLE!!!””

More over at Fox Business: