it did, it's going down ???
maybe up soon, we winning....
and i am tired of winning so big today.....
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).
Trump has brought in some big investments in his two months in office, most recently Johnson & Johnson.
www.newsweek.com