Former President Donald Trump indicated that Apple may invest up to $100 million in titanium sourced from Pennsylvania. This material is intended for use in the production of a new iPhone model, according to the reported statements.

While Apple has not officially confirmed the investment, the news aligns with a trend of major technology companies focusing on domestic material sourcing. Industry observers are now waiting for official statements from the company regarding these supply chain plans.

In related industry developments, NVIDIA CEO Jensen Huang noted significant demand from cloud providers. Reports also suggest that NVIDIA and Tesla are considering substantial investments in Samsung semiconductor facilities located in South Korea to bolster production capabilities.