Apple's Billion-Dollar Investment Boost: The New Era of U.S. Expansion

Kevin Hassett, White House economic adviser, hinted at an imminent investment announcement from Apple under President Trump's economic agenda. Apple's ongoing commitment includes a $500 billion investment in the U.S. over four years, featuring a Texas factory for AI servers and creating 20,000 jobs nationwide.

Devdiscourse News Desk | Washington DC | Updated: 06-08-2025 17:57 IST | Created: 06-08-2025 17:57 IST

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In a recent interview with Fox Business Network, White House economic adviser Kevin Hassett revealed that Apple Inc. is expected to make a significant investment announcement as part of the financial commitments encouraged by President Donald Trump's administration.

Hassett highlighted the substantial influx of investments, emphasizing the "trillions and trillions of dollars" being dedicated to building new factories in the U.S., with Apple likely to announce a new development shortly.

Previously, Apple committed to a $500 billion investment in the next four years, which includes a major factory in Texas focused on artificial intelligence servers. This expansion is set to create approximately 20,000 research and development jobs across the United States.

(With inputs from agencies.)