WASHINGTON (Reuters) -White House economic adviser Kevin Hassett said Apple Inc was likely to make an investment announcement on Wednesday, as he discussed the financial pledges made by companies and countries under President Donald Trump.
“They’re moving here in droves. This is trillions and trillions of dollars of commitments for people to build new factories here. In fact, you’re likely to see one today from Apple,” Hassett said in an interview with Fox Business Network. He did not elaborate.
It was not clear if the announcement on Wednesday would be a new commitment. The White House did not immediately respond to a request for comment.
An Apple representative also was not immediately available for comment.
Apple said in February it would spend $500 billion in U.S. investments in the next four years that will include a giant factory in Texas for artificial intelligence servers and add about 20,000 research and development jobs across the country in that time.
That $500 billion in expected spending includes everything from purchases from U.S. suppliers to U.S. filming of television shows and movies for its Apple TV+ service.
The company at the time declined to say how much of the figure it was already planning to spend with its U.S. supply base, which includes firms such as Corning that makes glass for iPhones in Kentucky.
(Reporting by Doina Chiacu, additional reporting by Zaheer Kachwala in Bengaluru ; Editing by Andrew Heavens)