Apple announces $500B investment in US amid tariff threats that could affect iPhone

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Apple announces $500B investment in US amid tariff threats that could affect iPhone - YourStory

Quick Summary:

Apple outlined several concrete moves in its announcement, the most significant of which is the construction of a new factory in Houston — slated to open in 2026 — that will produce servers to power Apple Intelligence, its suite of AI features.

The tech giant has positioned the phone under the latest iPhone 16 family, instead of labelling it as an iPhone SE series successor.

The company claims this factory will create “thousands of jobs”.