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 ( AAPL ) 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 ( AAPL ) CEO Tim Cook appeared alongside Trump at the announcement, pledging the spending as part of the company's supply chain shift. The decision effectively shields Apple ( AAPL ) from the new tariffs, while chipmakers without U.S. production scramble to mitigate the impact. Market reaction has been positive, with Apple ( AAPL ) shares climbing on back-to-back sessions following the news.

AAPL Price Action: Apple ( AAPL ) shares were up 4.23% at $229.34 at the time of writing, according to Benzinga pro.

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