Apple provides $ 500 billion in American investment, 20,000 research jobs in the next 4 years

An Apple logo is represented in an Apple store in Paris, France, September 17, 2021. – Reuters

Apple said on Monday that it would spend $ 500 billion in American investments over the next four years which will include a giant factory in Texas for artificial intelligence servers and will add around 20,000 research and development jobs across the country this era.

This $ 500 billion in expected expenses includes everything, purchases, American suppliers for filming television and films for its Apple TV +service. The company refused to say what part of the figure that it already planned to spend with its American supply base, which includes companies such as Corning which makes glass for iphones in Kentucky.

This decision comes after the media reports that Apple CEO Tim Cook met President Donald Trump last week. Many Apple products that are assembled in China could face 10% of prices imposed by Trump earlier this month, although the iPhone manufacturer has obtained derogations from Chinese prices during the first administration Trump.

“This commitment represents a political gesture towards the Trump administration,” said Gil Luria, analyst at Da Davidson, who estimated that Apple has already undertaken to spend more than $ 150 billion a year in the United States, Including the cost of sold goods sold and capital expenses.

“Even without growing who spends a lot, they would only need 3 to 4 years to respect their obligation.”

Apple made a similar announcement on its American spending plans in 2018, during the first Trump administration, when it said that its new and in progress investments would contribute $ 350 billion to the American economy over five years.

The company’s shares increased by 1.2%.

Trump, in a social article of truth, thanked Apple and Cook, saying that this decision reflected the company’s faith in his administration.

Most Apple’s consumer products are assembled outside the United States, although many Apple components are always made, including Broadcom, Skyworks Solutions and Qorvo fleas.

Apple said that last month last month had started to mass produce fleas on its own design in an Arizona factory belonging to Taiwan Semiconductor Manufacturing Co.

Bringing TSMC to Arizona and helping to introduce legislation that later became the ACT chips to strengthen the American production of semiconductors were two of Trump’s largest industrial policy movements during his first mandate.

Apple said on Monday that it will work with Foxconn, officially known as Hon Hai Precision Industry, to build an installation of 250,000 square feet in Houston, where it will assemble servers that enter data centers to feed Apple Intelligence , its suite of AI features which help write emails and perform other tasks. These servers are currently made outside the United States, said Apple.

Apple said that it planned to increase its advanced 5 billion dollar manufacturing fund, part of the expansion being a “several billion dollars of Apple to produce advanced silicon” at the ‘Arizona de TSMC factory.

Apple did not disclose the details of its agreement with TSMC, but it used the fund to help partners develop the infrastructure necessary to provide products or services for Apple.

Apple will also open a manufacturing academy in Michigan where its engineers, as well as local university staff, will offer free lessons for small and medium -sized manufacturing companies in areas such as project management and optimization of processes manufacturing.

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