This Week Health
Alex's Lemonade Stand This Week Health
March 2, 2025

Apple Unveils $500 Billion U.S. Investment to Boost Manufacturing and Jobs

Wall Street Journal
|
Contributed by: Kate Gamble
Summary
Apple has announced a $500 billion investment in the U.S. over the next four years, including the construction of a new factory and the hiring of 20,000 employees. This decision follows discussions between CEO Tim Cook and President Trump concerning import tariffs' impact on Apple's business. A significant aspect of the investment is the doubling of Apple’s Advanced Manufacturing Fund to $10 billion, which will support a new manufacturing facility in Houston for AI servers and a facility for chipmaker TSMC in Arizona. Additionally, Apple plans to establish a training academy in Michigan and boost R&D efforts in multiple states, including expanding data center capacity in North Carolina and other locations.

Explore Related Content

No mapped captivate categories found for this news story.

Get Daily Headlines Straight to Your Inbox.

Subscribe Now
Healthcare Transformation Powered by Community

© Copyright 2024 Health Lyrics All rights reserved