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CNBC's Jim Cramer on Thursday reflected on Apple 's stock moves after the iPhone maker's deal with President Donald Trump shocked Wall Street. He suggested the development is a "remarkable turn" for Apple and the market.

"The pin action from the Apple deal with the White House reverberated through almost all of tech, making it a terrific sector to own," Cramer said.

Apple on Wednesday revealed it plans to invest $100 billion in U.S. companies and suppliers over the next four years, adding to a $500 billion commitment it made in February. The investment includes $2.5 billion to fund a domestic iPhone glass factory.

Trump also announced Wednesday he would impose a 100% tariff on imports of semicon

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