Apple Invests Another $100 Billion Into The U.S., Trump Says—As Shares Jump 5%
1. Trump announces $100 billion investment by Apple for U.S. manufacturing expansion. 2. This investment builds on a previous $500 billion commitment by Tim Cook. 3. U.S. to impose nearly 100% tariffs on chips unless produced domestically. 4. Cook indicates all iPhones will now contain domestically made components. 5. Apple shares rose 5% following the announcement of the new investment.