Apple announced a significant investment of $500 billion to expand its US facilities over the next four years, which could help it sidestep new tariffs on Chinese imports. This decision, supporting the creation of 20,000 jobs, seems influenced by President Trump's recent tariff announcements on Chinese imports. Apple has been diversifying its supply chain, strengthened further by prior investments in places like Texas and new plans for chip production in Arizona. CEO Tim Cook affirmed Apple's commitment to American innovation while Trump claimed credit for the investment's announcement.
We are bullish on the future of American innovation, and we're proud to build on our long-standing US investments with this $500 billion commitment to our country's future.
He's investing hundreds of billions of dollars, I hope he's announced it... But he's investing hundreds of billions of dollars. And others, too, a lot of chip makers coming in.
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