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Donald Trump: “SoftBank, OpenAI and Oracle, great, great companies are…”

Featuring: Donald Trump, Republican | President of the United States | National

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President Trump's Liberation Day Speech on Reciprocal Tariffs and Economic Independence

Published | Video Starts at 54:46

And this is a company that built its factories and its plants in China. Apple is going to spend $500 billion dollars. They never spent money like that here. They're going to build their plants here. SoftBank, OpenAI and Oracle, great, great companies are investing $500 billion almost immediately. Nvidia, a hot company, is investing hundreds of billions of dollars. They just announced tsmc, the biggest, most important company in the world of chips, from Taiwan with no investment from us, is investing 200 billion. (54:46–54:57)

CLAIM

Asserts that SoftBank, OpenAI, and Oracle will invest $500 billion in the U.S.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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