Apple may invest $100b more in US, for a total $600b over four years

Media and analysts arrive at Apple’s iPhone event

Apple may be about to pour another $100 billion investment in the US as it seeks to work constructively with the US government.

This would push its stated commitments to the US up to $600 billion in all.

White House breaks the story

At time of writing Apple hasn’t announced this new spend, instead National Economic Council director Kevin Hassett told FOX Business Network that a lot of companies are investing in the US. “Which is why we’ve got trillions and trillions of dollars of commitments for people to build new factories here. In fact, you’re likely to see one today from Apple.”

White House spokesperson Taylor Rogers said the investment would “help reshore the production of critical components to protect America’s economic and national security.”

This news is just the latest chapter in the ongoing discussions between Apple and the US, which have seen the tech company put up $500b in US investment so far.

The company said tariffs have cost it $800m so far, and is challenged by additional taxes in future, assuming its attempt at appeasement fails.

Apple still needs time

The news also follows reports that Apple’s key processor partner, TSMC, intends manufacturing advanced 2nm processors in the US, presumably for its biggest client, Apple.

If that is the case then Apple’s investment could be intended to help cover that cost, even as its manufacturing partner exits its investment in Lordstown facilities we all thought were intended for Apple Car.

The big US investment may also be designed to placate and administration allegedly taking against the company’s decision to make iPhones in India, a decision which would take years to change.

You can follow me on social media! Join me on BlueSky,  LinkedIn, and Mastodon.