Trump's Apple manufacturing win
Briefly

Apple has announced a groundbreaking investment of over $500 billion in the U.S., aiming to hire 20,000 individuals over the next four years. This initiative will focus on enhancing research, the manufacturing of chips and servers, and furthering skills development in technology fields like AI and machine learning. Apple's investment aligns with efforts to boost American manufacturing, directly supporting sectors in red states. CEO Tim Cook emphasizes this commitment as a step in advancing American innovation, which follows various discussions with President Trump regarding reshoring manufacturing jobs.
Apple's announcement - which the company calls its "largest-ever spend commitment" - is precisely the kind of win President Trump has been looking for with his push to move manufacturing back to the U.S.
We are bullish on the future of American innovation, and we're proud to build on our longstanding U.S. investments with this $500 billion commitment to our country's future.
From doubling our Advanced Manufacturing Fund [from $5 billion to $10 billion], to building advanced technology in Texas, we're thrilled to expand our support for American manufacturing.
Trump got so excited that he revealed the plans prematurely... he is investing hundreds of billions of dollars and others, too; we will have a lot of chipmakers coming in.
Read at Axios
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