President-elect Trump on the eve of his inauguration says he spoke with Apple CEO Tim Prepare dinner and teased a possible transfer by the world’s most precious firm.
“I spoke with Tim Cook of Apple. He said they’re going to make a massive investment in the United States because of our big election win,” he mentioned throughout his Make America Nice Once more Victory Rally on Sunday in Washington DC.
Apple didn’t instantly reply to FOX Enterprise’ request for remark.
This wouldn’t be the primary time the 2 have labored collectively. In 2019, throughout Trump’s first time period, Prepare dinner was a member of the American Workforce Coverage Advisory Board.
Since successful the electoral and widespread vote on Nov. 5, Trump has secured two main investments within the US. First, SoftBank is promising $100 billion to create 100,000 jobs.
“This historic investment is a monumental demonstration of confidence in America’s future. And it will help ensure that artificial intelligence, emerging technologies and other industries of tomorrow are built, created and grown right here in the USA,” Trump introduced in December.
The second is a $20 billion dedication from DAMAC to construct knowledge facilities.
“I’m thrilled to announce today that DAMAC will be investing at least $20 billion over a very short period of time into the United States, and they may go double or even somewhat more than double that amount of money. That’s a great thing,” Trump mentioned.
The primary part of the knowledge heart mission can be in Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan and Indiana, Trump mentioned.
Because the election, many CEOs have damaged bread with Trump at his Mar-a-Lago residence in Florida, together with Meta’s Mark Zuckerberg, Google’s Sundar Pichai and Walmart’s Doug McMillion.
Trump additionally spoke of rising optimism within the financial system, small enterprise confidence at a 39-year-high and the inventory market. Since his win, the S&P 500 has superior practically 4%, the Dow Jones Industrial 3% and the Nasdaq Composite 6%.
He additionally famous Bitcoin’s run. The most important crypto by market worth is buying and selling north of $100,000 as of Sunday night.
As for Apple, its shares have superior greater than 20% through the previous 12 months and just lately flirted with a valuation of $4 trillion earlier than pulling again from that milestone.
