Apple Inc. is making a major investment announcement, as White House economic adviser Kevin Hassett hinted at. The tech giant confirmed a $100 billion investment in the U.S., bringing its total U.S. investment to $600 billion over the next four years. This includes a new American Manufacturing Program with 10 companies.

Apple’s CEO, Tim Cook, announced the increased investments, totaling $600 billion over four years, and the launch of the American Manufacturing Program. The company will work with 10 companies across America to produce components used in Apple products sold worldwide, expressing gratitude for President Trump’s support.

Apple’s investment in the U.S. is a significant move for the technology company known for consumer electronics, software, and services. While AAPL presents investment potential, other AI stocks may offer greater upside potential and less downside risk. Explore opportunities in the AI sector for potential growth and returns.

Read more at Yahoo Finance: Apple (AAPL) Confirms $100 Billion U.S. Investment After White House Tease