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Apple plans to invest $500 billion in the US over the next four years
The investment, which also includes hiring 20,000 workers, is a slight uptick from domestic investments announced in 2021.
Bloomberg notes today's announcement marks an added $39 billion in spending and an extra 1,000 jobs annually over its previous numbers. The company will also expand its data center capacity in North Carolina, Iowa, Oregon, Arizona and Nevada to help meet Apple Intelligence's growing backend needs. Trump implied that Apple was making additional investments to avoid tariffs due to the iPhone maker's heavy reliance on manufacturing in China.
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