Apple’s stock price soared in the New York stock market on August 6 following news that the company will announce an additional $100 billion (approximately 140 trillion KRW) investment commitment in the United States. As of 12:11 p.m. Eastern Time (9:11 a.m. Pacific Time) on the same day, Apple’s stock was trading at $214.71, up 5.90% from the previous day.

The stock started the day with a modest gain of about 1% but continued to climb, expanding its gains. Apple’s market capitalization also swelled to $3.189 trillion. The surge was driven by reports that Apple will announce an additional $100 billion investment commitment in the U.S. Bloomberg reported earlier that U.S. President Donald Trump is set to announce this additional investment by Apple later in the afternoon.

According to Bloomberg, the announcement includes a new manufacturing program aimed at bringing more of Apple’s supply chain to the U.S. and producing critical components for Apple products domestically. White House National Economic Council Chairman Kevin Hassett, in an interview with Fox Business on the same day, said, “We’ve secured commitments to build trillions of dollars’ worth of new factories in the U.S.,” adding, “You’re likely to see one of those commitments from Apple today.”

Earlier this year, President Trump warned that Apple would face at least a 25% tariff if it did not relocate its iPhone manufacturing base from overseas to the U.S.Apple’s additional investment is also driving gains in other major tech stocks. At the same time, Nvidia, the company with the largest market capitalization, rose 0.40%, while Google and Amazon gained 0.79% and 2.32%, respectively.

Tesla climbed 2.86%, and Meta Platforms increased by 0.87%.Meanwhile, AMD’s stock fell approximately 7% after its second-quarter earnings, announced the previous day, showed net income below market expectations. AMD’s earnings per share were $0.48, falling short of Wall Street’s forecast of $0.49.While AMD’s stock dipped slightly by about 1% in after-hours trading following the earnings announcement, the decline deepened during regular trading hours on this day. Shares of Super Micro Computer, a company specializing in AI servers, plummeted by more than 20%. The company’s second-quarter revenue of $5.76 billion fell short of the expected $5.89 billion.