Apple announced a $100 billion US manufacturing push, courting President Trump. Shareholders question real gains. Trump announced 100% tariff on semiconductors produced overseas, exempting US manufacturers. Apple’s shares rose by 3%, but concerns remain that AI competition is surpassing the company.

Investors cautious about Apple’s investment reducing tariff risk. Moving iPhone assembly to India, exploring Vietnam, but core production still in China. Building domestic capacity at Apple’s scale will take years. Uncertainty around tariffs could impact plans.

Analysts optimistic about Apple’s move. Bank of America raises price target to $250 if exempt from tariffs. Potential to reduce Q4 headwinds of $1.1 billion. Uncertainty remains on exact details. Confidence in gross margin expansion to 50% if exemption granted.

Read more at Yahoo Finance: Shareholder warns Apple’s $100 billion investment is more optics than impact