Apple Announces $500B US Investment Plan, Adding 20K Jobs

Quick Summary:

Apple has announced plans to invest $500 billion in the United States over the next four years, including a significant expansion of its domestic manufacturing and research capabilities, according to Bloomberg.

The tech giant's plans include the construction of a new server manufacturing facility in Houston, where Apple and Foxconn will produce servers for Apple's Private Cloud Compute system.

Apple will also establish a supplier academy in Michigan, "to train the next generation of US manufacturers," and will expand its data center presence across multiple states, including Arizona, Oregon, Iowa, Nevada, and North Carolina.

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Article Details

Author / Journalist: Tim Hardwick

Category: Technology

Markets: United StatesChinaIndiaUnited Kingdom

Topics: Apple China Iphone Been Plans Data Center Cook Intelligence Chip Manufacturing

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-24 @ 03:51:15 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: macrumors.com

Language: English

Article Length: 1248 words

Reading Time: 7 minutes read

Sentences: 73 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © MacRumors

News ID: 26374235

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