Apple Plans $500 Billion US Investment to Boost AI, Manufacturing
Apple Plans $500 Billion US Investment to Boost AI, Manufacturing

Apple Plans $500 Billion US Investment to Boost AI, Manufacturing

News summary

Apple has announced a record investment of over $500 billion in the United States over the next four years, focusing on AI, silicon engineering, and advanced manufacturing, following a meeting between CEO Tim Cook and former President Trump. This investment is expected to create around 20,000 jobs, primarily in research and development. Tim Cook expressed confidence in American innovation, while Trump praised the commitment as a sign of trust in his policies. The announcement, which marks Apple's largest investment in the U.S., comes amid Trump's threats of tariffs that could affect iPhone prices. Analysts suggest this investment aligns with a growing trend where major companies are capitalizing on the rapid advancements in AI technology. Overall, this investment is seen as both a strategic business move for Apple and a politically charged gesture towards the current administration.

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