Apple to invest $500 Bn in US over next 4 years, plans AI factory in Texas and 20000 job

Quick Summary:

Apple has unveiled a $500 billion investment plan for the US over the next four years, which includes a significant AI server factory in Texas and 20,000 new R&D jobs.

This initiative aligns with Apple's ongoing commitment to American innovation and manufacturing.

CEO Tim Cook's announcement follows a recent meeting with President Trump, amid ongoing US tariffs on Chinese goods.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: IndiaBangladeshChinaMaliNew ZealandTaiwanUkraineUnited States

Topics: AI factory Texas 20000 jobs Tim cook US manufacturing Trump Apple's investment Apple investment US Tim Cook announcement

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-24 @ 23:25:53 (3 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 1181 words

Reading Time: 7 minutes read

Sentences: 48 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © Times of India

News ID: 26380914

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

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Year Established: 1838

Headquarters: India

News Last Updated: 3 hours ago

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Publisher ID: #28

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