White House economic advisor Kevin Hassett stated Tuesday that Apple is likely to announce a major investment commitment and potentially a new factory in the United States on Wednesday. The move would align with ongoing efforts to boost domestic manufacturing and tech infrastructure.
- Hassett said the announcement is expected to include both an investment pledge and plans for a new Apple factory.
- The timing of the announcement is scheduled for Wednesday, though details remain unconfirmed by Apple.
- The development may reflect broader White House goals of encouraging domestic production from large U.S. tech firms.
Relevant Companies
- Apple (AAPL) – Directly impacted as the investment and factory announcement pertains to its U.S. operations.
Editor’s Note: This is a developing story. This article may be updated as more details become available.
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.