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Apple pledges $500 billion investment in US economy

1 Mins read

Apple has announced its plan to make a massive $500 billion investment in the United States over the next four years. This plan comes shortly after CEO Tim Cook met with US President Donald Trump.

The tech giant plans to create approximately 20,000 new jobs, primarily in research and development, silicon engineering, software development, and artificial intelligence. The investment encompasses purchases from US suppliers, American production of Apple TV+ content, and significant infrastructure expansion.

A centerpiece of the plan is a new 250,000-square-foot server manufacturing facility in Houston, Texas, scheduled to open in 2026. The facility will produce servers for Apple Intelligence, the company’s AI features suite, which are currently manufactured outside the US.

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,” Cook said in a statement.

Apple will also double its Advanced Manufacturing Fund from $5 billion to $10 billion, including a “multibillion-dollar commitment” to produce advanced silicon at TSMC’s Arizona factory. Additionally, the company will establish a manufacturing academy in Michigan offering free courses to small and mid-sized manufacturing firms.

The announcement comes amid concerns over Trump’s recent 10% tariffs on Chinese imports, which could affect many Apple products. During Trump’s previous administration, Apple secured exemptions from similar tariffs.

Read also: Microsoft claims breakthrough with first Topological Quantum Chip

In a Truth Social post, Trump thanked Apple for the investment, claiming it reflected “faith in what we are doing.”

Some analysts view the announcement as primarily political. Gil Luria of D.A. Davidson called it “a political gesture towards the Trump administration,” noting that Apple has likely already committed to spending more than $150 billion annually in the US.

The investment follows similar announcements made by Apple during previous administrations, including a $350 billion US investment pledge in 2018 and a $430 billion commitment in 2021.

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When I'm not reading about tech, I'm writing about it, or thinking about the next weird food combinations to try. I do all these with my headphones plugged in, and a sticky note on my computer with the words: "The galaxy needs saving, Star Lord."
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