President-elect Trump on the eve of his inauguration says he spoke with Apple CEO Tim Cook dinner and teased a possible transfer by the world’s most respected firm.
“I spoke with Tim Cook dinner of Apple. He mentioned they’re going to make a large funding in the USA due to our huge 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, Cook dinner was a member of the American Workforce Coverage Advisory Board.
Since profitable the electoral and common 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 funding is a monumental demonstration of confidence in America’s future. And it’ll assist be certain that synthetic intelligence, rising applied sciences and different industries of tomorrow are constructed, created and grown proper right here within the USA,” Trump introduced in December.
The second is a $20 billion dedication from DAMAC to construct information facilities.
“I’m thrilled to announce in the present day that DAMAC will probably be investing no less than $20 billion over a really brief time period into the USA, and so they might go double and even considerably greater than double that sum of money. That’s an important factor,” Trump mentioned.
The primary part of the information heart mission will probably be in Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan and Indiana, Trump mentioned.
For the reason that election, many CEOs have damaged bread with Trump at his Mar-a-Lago dwelling 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 almost 4%, the Dow Jones Industrial 3% and the Nasdaq Composite 6%.
He additionally famous Bitcoin’s run. The biggest 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% throughout the previous 12 months and lately flirted with a valuation of $4 trillion earlier than pulling again from that milestone.
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