A few days after the CEO of Apple, Tim Cook met with President Trump, the company announced that it plans to invest around $500 billion and hire 20,000 people during the next four years. The investment will be used to set up a factory in Texas that will manufacture the machines needed to power the AI push Apple is planning.
The company’s CEO, Tim Cook, said, “We are bullish on the future of American innovation, and we’re proud to build on our longstanding U.S. investments.” It is worth noting that the company made similar statements during the Biden Administration and even during President Trump’s first tenure. However, it hasn’t fulfilled all its previous promises.
After the meeting between Cook and President Trump was held last week, Donald said in a speech to a gathering of governors that the company would shift production to the United States of America because they don’t want to pay tariffs.
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The majority of iPhones are produced by Foxconn, a major Taiwanese electronics manufacturer, which will also play a role at Apple’s facility in Houston. Additionally, sources indicate that Trump’s tariff plan targeting China began earlier this month, with potential levies on imports from other countries anticipated to follow later this month.
Apple and Foxconn’s move was both predictable and well-planned. For two years, the iPhone manufacturer has invested millions to establish operations outside of China, specifically in Texas and Mexico, where it already assembles AI servers—an essential commodity for advancing the AI revolution in the USA.
