"Apple announced a $100 billion investment for U.S. manufacturing, alongside a previous commitment of $500 billion, aimed at creating 20,000 new jobs in various tech fields."
"Tim Cook responded to Trump's challenge for greater commitment: 'We took that challenge very seriously.' This reflects Apple's ongoing adaptation to political pressures and economic strategy."
Apple plans to invest $100 billion in U.S. manufacturing in addition to a previously pledged $500 billion. This investment is intended to develop a new manufacturing facility in Houston by 2026 and create 20,000 new jobs focused on AI, R&D, and software development. Tim Cook acknowledged President Trump's encouragement to invest further, indicating a serious approach to the challenge. Following the announcement, Apple's stock surged, erasing some losses from prior tariff-induced drops, though it has not yet fully recovered from earlier declines.
Read at Fast Company
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