Apple Inc. (NASDAQ:AAPL) saw its stock rise 1.25% in Wednesday’s pre-market session, fueled by speculation over a possible new factory announcement in the United States.
The speculation was sparked by Kevin Hassett, Director of the National Economic Council, who hinted during a Fox Business interview that the tech giant may be preparing to unveil a major domestic investment. “We’ve got trillions and trillions of dollars of commitments for people to build new factories here. In fact, you’re likely to see one today from Apple,” Hassett remarked.
The potential move aligns with the government’s ongoing push to revitalize U.S. manufacturing. Hassett’s remarks came during a wider conversation about economic policy, during which he emphasized the importance of maintaining the integrity of federal data and protecting the independence of the Federal Reserve.
He also commented on the Federal Reserve’s current dynamics, noting, “The Fed board seems to be voting in a partisan way.” When questioned about whether he might consider a role at the central bank, Hassett replied that he would be “happy to talk about the challenge.”
While there has been no official confirmation from Apple, Hassett’s statements suggested an announcement could be imminent. A new U.S.-based factory would mark a notable shift in Apple’s manufacturing strategy and could signal a broader commitment to domestic production.
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