Apple announces $500bn in US investments over next... The Guardian

Apple announces $500bn in US investments over next four years

The Guardian February 24, 2025

<p>Spending ranges from new AI server factory in Texas to film and TV content and may add 20,000 jobs</p><p><a href="https://www.theguardian.com/technology/apple">Apple</a> announced Monday it would invest $500bn in the US in the next four years that would include a giant factory in <a href="https://www.theguardian.com/us-news/texas">Texas</a> for artificial intelligence servers and add about 20,000 research and development jobs across the country.</p><p>The move comes on the heels of reports that the Apple CEO, <a href="https://www.theguardian.com/technology/tim-cook">Tim Cook</a>, met <a href="https://www.theguardian.com/us-news/donaldtrump">Donald Trump</a> last week. Many of Apple’s products that are assembled in China and imported to the US could face 10% tariffs introduced by the White House earlier this month, though the iPhone maker secured some waivers from China tariffs during the first Trump administration.</p> <a href="https://www.theguardian.com/technology/2025/feb/24/apple-us-investment-announcement">Continue reading...</a>

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