Washington, D.C. — In a major economic announcement from the Oval Office, Apple CEO Tim Cook revealed that the tech giant is boosting its U.S. investment to an unprecedented $600 billion over the next four years — a $100 billion increase from its previously stated commitment.

“I'm very proud to say that today, we're committing an additional $100 billion to the United States, bringing our total U.S. investment to $600 billion,” Cook said, standing beside President Donald Trump during a joint statement to the press. “We believe deeply in the promise of this great nation.”

The announcement marks one of the largest corporate investment commitments in American history and is being hailed by the Trump administration as a sign of growing confidence in the U.S. economy.