Apple says he will invest $ 500 billion in the US in 4 years

by Andrea
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(Reuters)-Apple announced on Monday it plans to invest $ 500 billion in the United States over the next four years, including content operations for its streaming service.

The company has announced that it plans to participate in the construction of a 23,000 square meter factory in the US state of Texas by 2026 that will be dedicated to artificial intelligence servers and will add about 20,000 US research and development jobs.

Apple’s executive president Tim Cook met with US president Donald Trump last week. Many of the company’s products that are mounted in China will be able to face 10% tariffs imposed by the US government earlier this month, although Apple previously guaranteed some exemptions from China’s tariffs during Trump’s first term.

Apple says he will invest $ 500 billion in the US in 4 years

Apple made a similar announcement about its US investment plans during the first Trump administration, saying at the time it planned to pay $ 350 billion in five years.

Most Apple products are manufactured outside the US by outsourced companies, although many of the components used on the company’s devices are still manufactured in US territory, including supplier chips such as Broadcom, Skyworks Solutions and Qorovo.

Apple announced last month that it started mass production of chips from its own project in a factory in Arizona controlled by the Taiuanese TSMC.

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Apple said on Monday that it will work with Chinese Foxconn to build a factory in Houston, where it will set up servers that will be used in “Apple Intelligence” data processing centers, a set of artificial intelligence services. These servers are currently manufactured outside the United States, Apple said.

The company has also announced that it plans to increase the advanced manufacturing fund from $ 5 billion to $ 10 billion, part of Apple’s “multibillionaire commitment to produce advanced chips” at the TSMC factory in Arizona. Apple has not revealed details of the agreement with TSMC, but in the past used the fund to help partners build infrastructure necessary to provide products or services to the company.

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