During an event in the White House, President Trump and the CEO of Nvidia, Jensen Huang, announced his intention to manufacture AI superchips in the United States, part of a radical investment of $ 500 billion aimed at ensuring the domination of American technology.
During a special event in the White House marking its first 100 days in office, President Donald Trump welcomed some of the world’s main business leaders to highlight their new major investments in the United States.
Trump said more than $ 8 billions had been promised since the elections, appealing to one of the strongest responses in the private sector in American history.
He congratulated the companies to bring jobs and manufacturing in America, and underlined themes like “Made in the USA”, taxes, prices, energy expansion and IA innovation.
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Trump was joined by CEOs to highlight businesses and their investments in the United States during the event. (Images Andrew Harnik / Getty / Getty Images)
1. Hyundai, represented by José Muñoz, invests $ 21 billion, including 5.8 billion dollars for a new steel factory in Louisiana which will create at least 1,500 jobs. Trump described it as “a beauty” and applauded Hyundai to build in America.
2. CMA CGM, directed by Rodolphe Saadé, will spend $ 20 billion in ports, shipping and logistics infrastructure, including a new air cargo center in Chicago. This investment should create 10,000 jobs and support the US maritime transport industry.
3. Toyota, with Ted Ogawa present, puts $ 88 million in the production of expanding hybrid vehicles in its Virginia-Western factory. Trump noted that he had visited the installation and called it “fantastic”.
4. ANDURIL, led by Brian Schimpf, is investing $ 1 billion in a new drone and defense technology center in OHIO. The factory will focus on autonomous weapon systems and will add thousands of jobs over time.
5. Amazon, represented by Doug Herrington, invests $ 4 billion this year, more anticipated, focused on logistics and cloud infrastructure across the United States
6. Venture Global, led by Mike Sabel, puts $ 18 billion in the expansion of liquefied natural gas in Louisiana, supporting American energy independence.
7. Siemens USA, under Barbara Humpton, invests $ 285 million to develop advanced manufacturing operations and create nearly 1,000 qualified jobs.
8. Pratt Industries, led by Anthony Pratt, has started $ 5 billion to extend its American recycling and packaging facilities, creating thousands of jobs in several states.
9. Chobani, founded by Hamdi Ulukaya, invests $ 1.7 billion, including $ 1.2 billion for a new dairy factory in New York. Trump joked by saying that the United States could start exporting yogurt thanks to the growth of Chobani.
10. Beautiful Brands USA, led by Yvonne Gerard, puts $ 350 million in the expansion of cheese and snack production. After that, all the Babybel cheeses sold in the United States will be made with American milk.
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The commercial secretary, Howard Lunick (L) and the CEO of Nvidia, Jensen Huang (R), speak in the Cross of the White House before an event on “Investing in America”. (Images Andrew Harnik / Getty / Getty Images)
11. Schneider Electric, represented by Aamir Paul, invests $ 700 million in American energy infrastructure. It is the biggest investment in the 135 years of business history.
12. Johnson & Johnson, under CEO Joaquin Duato, will invest $ 55 billion in new improvements in manufacturing and technology across the country.
13. Eli Lilly, directed by David Ricks, puts $ 27 billion in the expansion of national pharmaceutical production and new facilities.
14. Novartis, represented by the CEO Vas Narasimhan, plans to invest $ 23 billion in the construction or relaxation of 10 drug manufacturing facilities in the United States
15. Genentech, which is part of the Roche group and led by Ashley Magargee, announced a massive commitment of $ 50 billion towards biotechnological manufacturing and research.
16. Abbvie, with Rob Michael at the helm, invests $ 10 billion to build four new pharmaceutical factories across the United States
17. Thermo fisher scientific, led by Marc Casper, expands its operations with an investment of $ 2 billion in the medical manufacturing of the offer and diagnosis.
The CEO of Siemens, Barbara Humpton, Waves, because she is recognized by the American president Donald Trump in the cross room of the White House during an event on “Investing in America”. (Images Andrew Harnik / Getty / Getty Images)
18. Merck, under Rob Davis, will spend 9 billion dollars to increase its production capacity of vaccines and domestic drugs.
19. ABBOTT LABORATORIES, directed by Robert Ford, invests $ 500 million to improve the installations of Illinois and Texas, in particular for diagnostics and medical devices.
20. IBM, with Arvind Krishna as CEO, announced an investment of $ 150 billion to develop American research, flea development and AI technology.
21. Ge Aerospace, led by Larry Culp, puts $ 1 billion in factories in 16 states to build jet engines for commercial and military planes. Trump praised the company leadership in aerospace innovation.
22. Softbank, led by Masayoshi Son, joins Oracle and Openai on a total investment of $ 700 billion in AI infrastructure in the United States, which includes the largest project in the private sector in American history to support the development of advanced IT.
23. Apple, represented by CEO Tim Cook, invests $ 500 billion to build factories and develop operations in seven or eight American states. Trump noted that it was a major change for Apple, which previously concentrated production abroad.
Throughout the event, Trump said that these investments prove that the approach of his administration works.
He highlighted policies such as import prices, a new tax rate of 15% for companies that manufacture in the United States and have reduced regulations as key reasons for which companies return. He also offered companies the possibility of building their own power plants to avoid pressure on obsolete networks, especially in states such as California.
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Trump closed by saying: “This is only the beginning. We rebuild America from zero.” He invited the CEOs to visit the oval office – or, as he joked, to go home and to “count your money”.
