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Apple's $100 Billion Pledge Boosts Stock to New Heights
8 Aug
Summary
- Apple shares rose 13% in a week, largest gain in 5 years
- Apple to spend $100 billion on American companies and parts
- Apple exempt from future tariffs that could double chip prices
In a remarkable turn of events, Apple's stock has soared to new heights in the past week. As of August 8th, 2025, the tech giant's shares have risen by a staggering 13%, marking its largest weekly gain since July 2020.
The catalyst for this surge was a high-profile meeting between Apple CEO Tim Cook and President Donald Trump at the White House on Wednesday. During the meeting, Cook revealed Apple's plans to invest $100 billion in American companies and American-made parts over the next four years. This announcement pleased the President, who stated that because the company was expanding its domestic operations, Apple would be exempt from any future tariffs that could potentially double the price of imported computer chips.
Investors had previously expressed concerns that some of Trump's trade policies, particularly the tariffs, could significantly impact Apple's profitability. However, Cook's successful White House visit and the company's commitment to bolstering its American supply chain have alleviated these worries. As a result, Apple's market capitalization has now reached an astounding $3.4 trillion, making it the third-most valuable company in the world, behind Nvidia and Microsoft.
The tech giant's impressive performance comes just two weeks after it reported a 10% jump in overall revenue and a 13% increase in iPhone sales for the June quarter. This combination of strong financial results and strategic maneuvering has solidified Apple's position as a dominant force in the tech industry.
