Apple promises $500 billion in US investment in wake of tariff threats
Briefly

Apple's announcement on Monday marks the largest commitment the company has made, investing over $500 billion in the US within four years. The initiative aims to create approximately 20,000 jobs focused predominantly on research, development, and artificial intelligence areas. A significant part of this plan includes constructing a 250,000-square-foot server-manufacturing facility in Houston to support AI advancements. Additionally, Apple plans to double its Advanced Manufacturing Fund from $5 billion to $10 billion, promising substantial investments in domestic chip production at TSMC's Arizona facility to secure a vital component of the tech industry.
On Monday, Apple announced an unprecedented investment of over $500 billion in the US, focusing on job creation and advancements in technology, particularly AI and chip manufacturing.
Apple's investments include doubling its US Advanced Manufacturing Fund to $10 billion, aimed at promoting advanced manufacturing and securing domestic supply chains for critical technologies.
Read at Ars Technica
[
|
]