- cross-posted to:
- politics
- cross-posted to:
- politics
Summary
Apple announced a $500 billion U.S. investment over five years, including 20,000 new jobs and AI server production, amid Trump’s tariff threats.
Plans include a Houston server factory, a Detroit manufacturing academy, and data center expansions. Trump took credit for the move, claiming his trade policies influenced Apple’s decision.
Analysts expressed skepticism about Apple’s ability to deploy the full amount, given its reliance on foreign suppliers.
Key revenue-generating products like iPhones remain manufactured abroad.
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