Apple is set to invest over $500 billion in the US over four years, which includes establishing an advanced manufacturing facility in Texas and creating 20,000 jobs in various sectors such as research, development, and AI. The investment comes amid concerns over trade tariffs that could impact Apple's profitability, particularly given that a significant portion of their products, like iPhones, are manufactured in China. CEO Tim Cook's dialogue with President Trump further highlights Apple's commitment to bolstering American innovation and securing possible tariff exemptions.
Apple is making a significant move with a $500 billion investment in US manufacturing, aiming to bolster its competitive edge and attract US investors.
The investment, including jobs in research and AI, reflects Apple’s confidence in US innovation amidst fears of trade tariffs affecting its business.
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