Nothing to see here, just ignore.....
Multiple companies are still putting big money into the U.S. economy.
- Johnson & Johnson: On Friday, Johnson & Johnson announced manufacturing, research and development, and technology investments of more than $55 billion in the U.S. over the next four years. They say it represents a 25 percent increase in investment compared to the previous four years under President Joe Biden, crediting an increase in investment levels to the 2017 Tax Cuts & Jobs Act. Also on Friday, the company broke ground on a 500,000-square-foot biologics manufacturing facility in Wilson, North Carolina.
- SoftBank: On Monday, SoftBank CEO Masayoshi Son visited Trump at Mar-a-Lago and announced a $100 billion investment over the next four years with a promise to create 100,000 jobs focused on artificial intelligence and related infrastructure, according to CNBC.
- United Arab Emirates: After a meeting with Trump, the United Arab Emirates committed to a 10-year, $1.4 trillion agreement with the U.S. that will sustain existing investments in AI infrastructure, semiconductors, energy, and American manufacturing, according to Reuters.
- Taiwan Semiconductor Manufacturing Company: Semiconductor giant TSMC announced earlier this month in response to Trump's tariffs threat on foreign chips that it would invest another $100 billion into its U.S. operations. The anticipated new chip fabrication plants, two advanced packaging facilities, and a new research and design center will increase the company's total investment in Phoenix to $165 billion—the largest foreign direct investment in U.S. history.
- In January, Trump announced a $500 billion private investment in AI infrastructure led by OpenAI, Oracle and SoftBank.
- Apple: Tech giant Apple announced a $500 billion investment.
- Nvidia: On Thursday, the White House announced that chipmaker Nvidia would invest hundreds of billions of dollars over the next four years in U.S.-based manufacturing operations.
In comparison, the Biden administration, as of October 2024, created over 700,000 new manufacturing jobs and announced over $910 billion in private manufacturing investments, according to the Commerce Department.
In November 2024, the Small Business Administration announced an all-time high of more than 20 million business applications filed under Biden's watch.
Investors were also enticed by subsidies resulting from Biden-era legislation like the Bipartisan Infrastructure Law, Chips and Science Act (CSA) and Inflation Reduction Act (IRA).