Apple pledges $500B toward US economy, will add 20K jobs as Trump tariffs loom
1. Apple commits $500 billion US investment over four years. It aims to boost domestic operations. 2. Company to hire 20,000 employees and build a Houston AI server manufacturing facility. This underlines a focus on advanced tech. 3. Plan includes a Detroit academy and expanded data centers in several states. It emphasizes US-based R&D and manufacturing. 4. Tim Cook’s meeting with Trump underscores a strategic shift from Mexico to US. It signals a response to potential tariffs. 5. The move is seen as a political gesture and smart strategic repositioning amid tariff threats. Early trading saw flat shares.