Apple CEO Tim Cook, left, and President Donald Trump speak to the press during a tour of the Flextronics computer manufacturing facility in Austin, Texas, where Apple’s Mac Pros are assembled, Nov. 20, 2019.
Mandel Ngan | AFP | Getty Images
Apple CEO Tim Cook will join President Donald Trump on Wednesday for an event touting what the White House calls a new $100 billion investment commitment by the tech giant in the U.S.
The announcement in the Oval Office, set for 4:30 p.m. ET, includes Apple’s commitment to a new “American Manufacturing Program,” a White House official confirmed to CNBC.
With the new pledge, Apple’s total investment in the U.S. over the next four years now totals $600 billion, the official said.
Apple did not immediately respond to CNBC’s request for comment.
Bloomberg first reported Apple’s new investment pledge earlier Wednesday.
This is developing news. Please check back for updates.
— CNBC’s Steve Kovach contributed to this report.
