Amid a surge in the technology sector, U.S. stocks showed significant gains this week, particularly Apple, which reached record market capitalization.
Market Records
This week, the Nasdaq Composite closed at a record high of 21,450.02, rising by 0.98% in just one day. The S&P 500 increased by 0.78%, while the Dow Jones rose by 0.47%. Over the week, the Nasdaq surged nearly 4%, with the S&P gaining 2.4% and the Dow rising 1.4%. A notable factor was the performance of Apple, whose shares jumped 13% within five trading days.
Crucial Meeting Between Apple and Trump
At the White House, Apple CEO Tim Cook announced the company’s plans to invest about $600 billion in the U.S. over the next four years. This amount includes $100 billion on American companies and components. Trump praised the initiative and confirmed that Apple would be exempt from future tariffs on imported chips. While Cook noted that final assembly of iPhones would remain overseas, he emphasized that many high-value components are already manufactured domestically.
Apple’s Supply Chain Strategy
Apple continues to develop its relationships with U.S. suppliers. The company will spend $2.5 billion to maintain and expand its factories, including a partnership with Corning in Kentucky, which produces glass for iPhones and Apple Watches. Other partnerships involve Texas Instruments for chips in Texas and Utah, along with GlobalFoundries for 5G components domestically.
Apple's strategy of building political goodwill and long-term investments in the U.S. demonstrates how companies can adapt to market conditions and maintain positive investor perceptions amid uncertainty.
