Apple commits $500 billion to boost U.S. manufacturing
- Major companies are significantly investing in the U.S. as part of President Trump's second term policies.
- Key announcements include $500 billion from Apple and investments from Nvidia, Hyundai, and Merck.
- These investments aim to enhance manufacturing, create jobs, and boost the U.S. economy.
In the United States, several companies have announced substantial investments as part of President Donald Trump's efforts to foster domestic manufacturing during the early days of his second term. Apple's commitment of over $500 billion, disclosed in February 2025, highlights its intention to expand manufacturing capabilities by establishing a new plant in Texas, launching an educational manufacturing academy, and investing in artificial intelligence and silicon engineering. CEO Tim Cook emphasized the company's belief in American innovation and job creation through this commitment. Nvidia, known for its advanced semiconductor technologies, is also making a significant investment, pledging $500 billion to construct infrastructural facilities for AI supercomputers within the U.S. This investment aims to strengthen Nvidia's manufacturing presence in response to the soaring global demand for AI technologies. Vigilantly building an American manufacturing base, Nvidia's CEO, Jensen Huang, indicated that this move will enhance supply chain reliability and production capabilities. Hyundai, the South Korean automaker, declared a $21 billion investment plan focused on U.S. automobile production between 2025 and 2028. This strategy includes enhancing local production capacity to 1.2 million units annually and improving the logistics and parts supply chain while creating over 100,000 jobs throughout the investment period. Merck also announced an $8 billion investment by 2028 to strengthen its U.S. manufacturing operations, highlighted by a new facility in Durham, North Carolina. These announcements reflect a broader trend of companies responding to favorable policies by committing substantial financial resources to bolster manufacturing within the United States, aimed at job creation and economic growth.