The White House has launched a website tracking floods of announced investments in the United States since President Donald Trump took office.
Website It has 49 major investments from well-known companies in a wide range of fields, including technology, pharmaceuticals, and energy.
In terms of technology, Apple and Nvidia each have invested $500 billion in the US. Stargate, a joint project between Openai, Softbank and Oracle, has also announced a $500 billion investment. IBM is planning its own $150 billion 12-digit investment.
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The list also includes many well-known pharmaceutical companies, many of which have invested tens of thousands of people.
- Johnson & Johnson: $55 billion
- Genentech (Roche): $50 billion
- Eli Lilly & Company: $27 billion
- Novartis: $23 billion
- Abbvie: $10 billion
- Merck: $9 billion
Other notable commitments include a planned $21 billion investment from motor giant Hyundai, a $2 billion investment from property developer Damac Properties, and a $25 billion investment announcement from ADQ and Energy Capital Partners.
Trump predicted Wednesday, telling business leaders that during his second term, his investment in the US would exceed $8 trillion in two months.
“We've been told about nearly $8 trillion in total,” he continued. “And there was nothing like that in this country. We've never come close. If you saw the last administration, then for four years they probably did something under a dollar. [trillion]and we did almost $8 [trillion]. ”
Trump's commitment to tariffs, deregulation policies and tax cuts all appears to play a role in the investment inflows since January.
Nvidia CEO Jensen Huang praised Trump for his leadership at the White House on Wednesday after Nvidia focused on producing the next generation of 70 pound processors in the US.
“We're going to build Nvidia's technology, and it's all in the US,” he said.
“Without the president's leadership, his policies, his support and, very importantly, his strong encouragement… frankly, manufacturing in the US would not have accelerated to this pace,” Jensen added.
