Apple Commits $100 Billion to Strengthen US Manufacturing
Apple Inc is set to announce a $100 billion domestic manufacturing pledge, aiming to boost U.S. manufacturing with additional investments. This adds to the $500 billion U.S. investments over the next four years, including a Texas AI server factory and 20,000 new research jobs.
In a significant development, Apple Inc is expected to unveil a $100 billion domestic manufacturing pledge to enhance U.S. production capabilities. This commitment marks Apple's continued efforts to bolster its American presence.
Following a February announcement of $500 billion in U.S. investments over the next four years, which includes construction of a massive AI server facility in Texas and the creation of 20,000 R&D jobs, this pledge represents an additional financial promise.
White House economic adviser Kevin Hassett hinted at this announcement, noting massive investments under President Trump, including Apple's move as part of a broader shift towards U.S.-based manufacturing.
(With inputs from agencies.)
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