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Apple Jumps 5.1% After $100 Billion U.S. Manufacturing Pledge
ZACKS· 2025-08-07 13:16
According to the official statement, Apple's multiyear pledge will focus on building and expanding semiconductor fabrication facilities, advanced assembly plants and AI hardware R&D hubs in key states including Texas, Arizona and North Carolina. The news sparked an immediate rally in Apple's shares, with trading volumes spiking and the stock reaching its highest level in nearly two months. The announcement resonated positively with investors, who have been watching for signals that Apple is positioning itse ...