Those who have been following along with corporate news in recent weeks may already be aware of president Donald Trump’s ongoing initiative to bring massive financial changes to the tech industry. The head of state and 34-time convicted felon previously announced multi-billion dollar deals with fintech giants including OpenAI,
“Apple has just announced a record $500 billion investment in the United States of America,” Trump celebrated on Truth Social. “The reason, faith in what we are doing, without which, they wouldn’t be investing 10 cents. Thank you Tim Cook and Apple!!!”
Apple unveils a $500 billion investment across nine U.S. states to boost American innovation and create new jobs. See which states are affected.
Apple announced Monday that it plans to spend more than $500 billion in the United States and hire more than 20,000 people over the next several years. The tech behemoth said the investments will
Apple CEO Tim Cook announced a $500 billion investment in the U.S. over the next four years and plans to open a major facility in the Houston area.
Facing possible tariffs for the products made for it in China, Apple announced on Monday that it will spend $500 billion over the next four years expanding facilities in the United States.
Apple said on Monday it will spend more than $500 billion in the United States over the next four years and ... they wouldn't be investing ten cents. Thank you Tim Cook and Apple!!!" Trump wrote in capital letters on his Truth Social platform.
Tech giant Apple says it will build a new manufacturing facility in Texas at some point in 2026 which will create "thousands" of new jobs including in artificial intelligence.
Apple's shareholders rejected the proposal after the company signaled its opposition to it on Jan. 13. Apple's board said such a proposal is "unnecessary."
Monday's move is Apple's latest splashy announcement about investing in the United States, making it an acceleration ... to tip it last week shortly after meeting with Apple CEO Tim Cook and implied the trade duties he has threatened on a host of imports ...