News Snapshot:
Apple Inc. AAPL shares are trading higher Friday continuing momentum after the company announced a $100 billion commitment to U.S. manufacturing and infrastructure. What To Know: The investment, set to be deployed over the next five years, includes partnerships for chipmaking, AI development, and data center expansions. The move positions Apple to reduce reliance on foreign supply chains and gain favor amid growing U.S.-China trade tensions, particularly after President Donald Trump announced a 100% tariff on all foreign-made semiconductors unless companies build manufacturing facilities in the U.S. Apple CEO Tim Cook appeared alongside Trump at the announcement, pledging the spending...