Apple plans $500 billion investment in the U.S. for R&D

Technologies

Apple plans $500 billion investment in the U.S. for R&D

Last Monday, Apple announced that it will spend $500 billion on investments in the U.S. over the next four years. Among Apple’s priority areas is the construction of a giant factory in Texas. The facility will produce AI servers, writes https://xrust.ru/. It will employ 20,000 workers. Additionally, part of this impressive sum will go towards R&D. This $500 billion in expected expenditures includes everything from purchases from U.S. suppliers to filming TV shows and movies in the U.S. for its Apple TV+ service. The company declined to disclose what portion of this amount it had already planned to spend on its U.S. supply chain, which includes firms like Corning. This company produces glass for iPhones in Kentucky. This move followed media reports that Apple CEO Tim Cook met with President Donald Trump last week. Many Apple products assembled in China may face 10% tariffs implemented by Trump earlier this month, although the iPhone maker received some exemptions from Chinese tariffs during Trump’s first administration.

https://xrust.ru/news/310849-apple-planiruet-500-mlrd-investicij-v-ssha-na-niokr.html

Apple plans $500 billion investment in the U.S. for R&D

Rate article
Xrust.online
Add a comment