Apple (AAPL) stock is pushing meaningfully to the upside this morning following a White House announcement that the iPhone maker will soon pledge another $100 billion to U.S. manufacturing. 

According to a senior administration official, this financial commitment will be in addition to plans of $500 billion in U.S. investments the tech behemoth revealed in February. 

Apple stock has been in a sharp uptrend over the past four months. However, at the time of writing, it’s still down more than 10% versus the start of this year (2025).  

Is It a Positive for Apple Stock?

A commitment to domestic manufacturing could prove a material tailwind for AAPL stock over the long term as it may shield the company from escalating tariffs that have already cost it some $800 million. 

Additionally, the expected financial commitment will fit right into the administration’s priorities, improving Apple’s political positioning and reducing regulatory risk for the years ahead. 

Simply put, Apple shares are extending gains at writing on Wednesday since the teased $100 billion pledge could enhance the company’s supply chain resilience, and support its long-term growth.  

AI Remains a Tailwind for AAPL Shares

Daiwa analysts also view Apple’s commitment to U.S. manufacturing as a reason to load up on its stock. 

On Wednesday, the investment firm reiterated its “Outperform” rating on AAPL shares, expressing confidence that artificial intelligence (AI) will drive the company’s future growth. 

“Eventually, we see a multi-year phone and PC upgrade cycle and the shares as a core holding,” it told clients in a research note today. 

Daiwa currently has a $230 price target on Apple stock, which indicates potential for another 7% upside from here. 

Apple Hasn’t Fallen Out of Favor With Wall Street Analysts

Investors should also note that Daiwa is among Wall Street firms with a more conservative view on Apple stock.   

According to Barchart, the consensus rating on AAPL shares currently sits at “Moderate Buy” with the mean target of an even higher $235 indicating potential upside of roughly 10% from current levels.