Apple is preparing to announce a $100 billion investment in US manufacturing, a White House official told Reuters on 6/8. This investment will reportedly include expanding the American Manufacturing Program to shift more of its supply chain stateside, according to CNN.

This represents a new financial commitment beyond Apple's previous announcements. In February, the company pledged $500 billion in US investments over the next 4 years. This includes a large facility in Texas for AI servers and the hiring of 20,000 new research and development (R&D) employees nationwide.

Former US President Donald Trump visits an Apple facility in Texas in 2019. Photo: Reuters

Former US President Donald Trump visits an Apple facility in Texas in 2019. Photo: Reuters

White House economic advisor Kevin Hassett confirmed on 6/8 that Apple is about to make a new investment announcement. "Companies are coming here in droves. There are going to be multi-trillion dollar commitments to build new factories in the US. In fact, you might get one today from Apple," Hassett stated in an interview with Fox Business Network, without providing further details.

The Trump administration has been urging Apple and other major tech companies to manufacture in the US, rather than relying on assembly plants and supply chains in China, India, and Vietnam. Experts, however, point to challenges such as a shortage of skilled technical labor and significantly higher labor costs in the US. Furthermore, many of Apple's key suppliers are based in Asia, adding transportation costs to US-based assembly.

Former President Trump previously threatened tariffs on Apple and Samsung if they did not manufacture devices in the US. In May, he posted on Truth Social: "I told Tim Cook a long time ago that I want iPhones sold in America to be made in America, not India or elsewhere. Otherwise, they will pay tariffs of at least 25%".

CNN quoted a White House official saying that Apple CEO Tim Cook has had several private conversations with Trump about the impact of tariffs on the company. Last week, Cook stated that Apple expects $1.1 billion in tariff-related costs in the third quarter.

Apple isn't the only tech company expanding US production. In June, Texas Instruments committed $60 billion to domestic semiconductor manufacturing. Chipmaker TSMC invested $100 billion in US production in March. Leading AI chip company Nvidia also announced plans to create a supercomputer in the US.

Ha Thu (via Reuters, CNN)