Apple to Invest $500B in US as Tariff Threats Loom
3 weeks, 6 days ago

Apple to Invest $500B in US as Tariff Threats Loom

Deccan Chronicle  

Apple announced Monday that it plans to invest more than $500 billion in the United States over the next four years, including plans to hire 20,000 people and build a new server factory in Texas.The move comes just days after President Donald Trump said Apple CEO Tim Cook promised him that the tech giant’s manufacturing would shift from Mexico to the U.S. Trump noted the company was doing so to avoid paying tariffs. That pledge, coupled with Monday's investment commitment, came as Trump continues to threaten to impose tariffs that could drive up the cost of iPhones made in China.“We are bullish on the future of American innovation, and we’re proud to build on our long-standing U.S. investments with this $500 billion commitment to our country’s future,” Cook said in a company blog post.Apple outlined several concrete moves in its announcement, the most significant of which is the construction of a new factory in Houston — slated to open in 2026 — that will produce servers to power Apple Intelligence, its suite of AI features. The company claims this factory will create “thousands of jobs.”The announcement is similar to one Apple made in early 2018 — during the first Trump administration — that promised to create 20,000 new jobs as part of a $350 billion spend in the U.S. Trump was also mulling a tariff then that could have affected iPhones at the time, but he didn't end up targeting those devices during his first administration.

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History of this topic

Johnson & Johnson plans $55 billion in US investments over the next four years
2 days, 17 hours ago

Johnson & Johnson plans $55 billion in US investments over the next four years

Associated Press  

Johnson & Johnson says it will invest more than $55 billion within the United States over the next four years, including four new manufacturing plants. Johnson & Johnson said Friday that it is a 25% increase in investment compared with the prior four years and estimates the U.S. economic impact will be more than $100 billion a year. Earlier this …

Giant chipmaker TSMC to spend $100B to expand chip manufacturing in US, Trump announces
2 weeks, 6 days ago

Giant chipmaker TSMC to spend $100B to expand chip manufacturing in US, Trump announces

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chip giant Taiwan Semiconductor Manufacturing …

Giant chipmaker TSMC to spend $100B to expand chip manufacturing in US, Trump announces
Top News
2 weeks, 6 days ago

Giant chipmaker TSMC to spend $100B to expand chip manufacturing in US, Trump announces

Associated Press  

WASHINGTON — Chip giant Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in the United States, President Donald Trump said Monday, on top of $65 billion in investments the company had previously announced. Trump, who appeared with TSMC’s chief executive officer C. C. Wei at the White House, called it a “tremendous move” and “a matter of economic security.” …

Trump announces Taiwanese chipmaking giant TSMC to invest $100 billion in US manufacturing
3 weeks ago

Trump announces Taiwanese chipmaking giant TSMC to invest $100 billion in US manufacturing

CNN  

New York CNN — Chipmaking giant Taiwan Semiconductor Manufacturing Company plans to invest at least $100 billion to grow its US manufacturing operations, President Donald Trump announced from the White House on Monday alongside the firm’s CEO C.C. It’s a matter of economic security, it’s also a matter of national security for us,” Trump said, adding that it would help …

Apple joins slew of companies touting more US jobs. How Much is new?
3 weeks, 6 days ago

Apple joins slew of companies touting more US jobs. How Much is new?

Live Mint  

iPhone boxes carry a stamp saying they are designed by Apple in California. Apple’s new jobs promises are slightly ahead of the company’s recent four-year pace, and the spending pledge is roughly on track with its recent investments, according to a Wall Street Journal analysis. Last month, Trump adviser and artificial-intelligence executive Elon Musk publicly questioned whether a $500 billion …

Apple says it will create 20,000 new jobs in US and build Apple Intelligence servers
3 weeks, 6 days ago

Apple says it will create 20,000 new jobs in US and build Apple Intelligence servers

India Today  

After comments from the US President Donald Trump that Apple is planning to invest "hundreds of billions of dollars" in the country, Apple put out a press release on Monday to announce that it will be investing $500 billion in the US over the next four years. “We are bullish on the future of American innovation, and we’re proud to …

Apple to invest $500Bn to build servers and hire 20,000 people to boost US AI capabilities
3 weeks, 6 days ago

Apple to invest $500Bn to build servers and hire 20,000 people to boost US AI capabilities

Firstpost  

A major highlight of Apple’s ambitious plan is the construction of a new advanced manufacturing facility in Houston. This site will focus on producing servers for Apple Intelligence, which were previously manufactured abroad Apple’s investment plan goes beyond manufacturing. Image Credit: Reuters Apple is going all-in on US President Donald Trump’s vision for AI with a massive $500 billion investment …

Apple to invest $500Bn to build servers and hire 20,000 people to boost US AI capabilities
Top News
3 weeks, 6 days ago

Apple to invest $500Bn to build servers and hire 20,000 people to boost US AI capabilities

Firstpost  

A major highlight of Apple’s ambitious plan is the construction of a new advanced manufacturing facility in Houston. This site will focus on producing servers for Apple Intelligence, which were previously manufactured abroad Apple’s investment plan goes beyond manufacturing. Image Credit: Reuters Apple is going all-in on US President Donald Trump’s vision for AI with a massive $500 billion investment …

Apple announces $500 billion investment in US amid tariff threats that could affect the iPhone
Top News
3 weeks, 6 days ago

Apple announces $500 billion investment in US amid tariff threats that could affect the iPhone

The Hindu  

Apple announced Monday that it plans to invest more than $500 billion in the United States over the next four years, including plans to hire 20,000 people and build a new server factory in Texas. The move comes just days after President Donald Trump said Apple CEO Tim Cook promised him that the tech giant’s manufacturing would shift from Mexico …

Trump’s aluminum tariffs could cost 100,000 American jobs, US industry leader warns
3 weeks, 6 days ago

Trump’s aluminum tariffs could cost 100,000 American jobs, US industry leader warns

CNN  

New York CNN — President Donald Trump’s plan to impose a 25% tariff on all imported aluminum could cost 100,000 American jobs, the CEO of one of the largest US aluminum makers warned on Tuesday. The tariffs would “destroy about 20,000 direct US aluminum industry jobs and could result in 80,000 indirect jobs being eliminated in the US,” said William …

Apple announces $500 billion investment in US amid tariff threats that could affect the iPhone
3 weeks, 6 days ago

Apple announces $500 billion investment in US amid tariff threats that could affect the iPhone

Associated Press  

NEW YORK — Apple announced Monday that it plans to invest more than $500 billion in the United States over the next four years, including plans to hire 20,000 people and build a new server factory in Texas. The move comes just days after President Donald Trump said Apple CEO Tim Cook promised him that the tech giant’s manufacturing would …

Apple announces $500 billion investment including huge AI factory
3 weeks, 6 days ago

Apple announces $500 billion investment including huge AI factory

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Apple will spend $500 billion on investments in the US – including a …

Apple, facing tariffs on Chinese imports, says it will invest $500 billion in US facilities
1 month ago

Apple, facing tariffs on Chinese imports, says it will invest $500 billion in US facilities

CNN  

New York CNN — Apple said Monday it will invest $500 billion on expanding US facilities over the next four years, a move that could help it avoid new tariffs on goods imported from China. And the company will double its investment in its US Advanced Manufacturing Fund to $10 billion to promote “advanced manufacturing and skills development throughout the …

"Squishy": Apple's $500B investment comes amid tariff threat
1 month ago

"Squishy": Apple's $500B investment comes amid tariff threat

Salon  

Apple revealed a plan on Monday to spend $500 billion in the United States over the next four years, an announcement touted as the company's “largest-ever spend commitment.” But it may not be as impressive as it seems. Andrew Ross Sorkin, co-anchor of CNBC’s "Squawk Box" and a financial columnist for The New York Times, described Apple’s monetary pledge as …

Apple to hire 20,000 people, invest $500 billion in the U.S. amid Trump tariffs
1 month ago

Apple to hire 20,000 people, invest $500 billion in the U.S. amid Trump tariffs

LA Times  

People walk past the Apple store in the Americana at Brand shopping center in Glendale. Apple said Monday that it plans to invest $500 billion in the United States, hire 20,000 people and open a new manufacturing factory in Texas over the next four years. “We are bullish on the future of American innovation, and we’re proud to build on …

Apple, facing tariffs on Chinese imports, says it will invest $500 billion in US facilities
1 month ago

Apple, facing tariffs on Chinese imports, says it will invest $500 billion in US facilities

CNN  

New York CNN — Apple said Monday it will invest $500 billion on expanding US facilities over the next four years, a move that could help it avoid new tariffs on goods imported from China. And the company will double its investment in its US Advanced Manufacturing Fund to $10 billion to promote “advanced manufacturing and skills development throughout the …

Semiconductor chips: Trump’s latest tariff threat could make your life a lot more expensive
1 month ago

Semiconductor chips: Trump’s latest tariff threat could make your life a lot more expensive

CNN  

New York CNN — President Donald Trump is eyeing a “25% or higher” tariff on all semiconductor chips the United States imports, with rates likely to “go very substantially higher over a course of a year,” he told reporters on Tuesday. Given how dependent the US is on Taiwanese chips, especially advanced ones needed in newer electronics, a 25% tariff …

Apple announces $500bn investment in the US
1 month ago

Apple announces $500bn investment in the US

Al Jazeera  

The move comes on the heels of threats by US President Donald Trump to impose tariffs that would make iPhones made overseas more expensive. The move, announced on Monday, comes just days after US President Donald Trump said Apple CEO Tim Cook promised him that the tech giant’s manufacturing would shift from Mexico to the US. The announcement is similar …

Donald Trump claims Tim Cook scrapped Apple’s Mexico plants after meeting him, pledged millions in US investment
1 month ago

Donald Trump claims Tim Cook scrapped Apple’s Mexico plants after meeting him, pledged millions in US investment

Live Mint  

US President Donald Trump recently told a gathering of US governors that Apple CEO Tim Cook was planning to move manufacturing from Mexico to the US, Bloomberg reported. Notably, Cook or Apple have not yet publicly announced the move, but Trump claims that the Apple CEO has " stopped two plants in Mexico" and will build products in the US. …

New import tariffs could make Apple products more expensive in US
1 month, 2 weeks ago

New import tariffs could make Apple products more expensive in US

India Today  

Apple fans in the US might soon have to dig deeper into their pockets as the company faces a new 10 per cent tariff on products imported from China. The tariff, imposed by the Donald Trump-led US government, applies to all goods arriving from China and could lead to price hikes for iPhones, iPads, Macs, and other Apple devices. While …

Why Trump's tariff wars may hurt Apple & TSMC's partnership
1 month, 3 weeks ago

Why Trump's tariff wars may hurt Apple & TSMC's partnership

Firstpost  

Although Trump’s tariff plans have targeted several industries, his focus on semiconductors is particularly concerning for Apple. Trump has long pushed for reshoring manufacturing to the US, and his latest comments indicate that he plans to achieve this through tariffs rather than incentives President Trump’s proposed tariffs could have a significant impact on Apple’s ongoing partnership with Taiwanese chipmaker TSMC. …

Apple CEO Tim Cook committed massive investment, more jobs in the US, says Pres Trump
2 months ago

Apple CEO Tim Cook committed massive investment, more jobs in the US, says Pres Trump

Firstpost  

Trump revealed that he had spoken with Apple CEO Tim Cook, who reportedly committed to a major investment in the country. While Apple hasn’t revealed exactly what this new investment will look like, it’s clear that the company is focusing more on US-based operations Apple has always been a big supporter of creating jobs and manufacturing in the United States. …

Apple approaches historic $4 trillion valuation, it is now also ahead of Nvidia and Microsoft
3 months ago

Apple approaches historic $4 trillion valuation, it is now also ahead of Nvidia and Microsoft

India Today  

Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company's long-awaited AI enhancements to rejuvenate sluggish iPhone sales. it is a function of limited Apple Intelligence features and geographic availability, and as both broaden, it will help to drive an improvement in iPhone demand," Morgan Stanley analyst Erik Woodring said …

Apple to increase its investment in China, Tim Cook says
5 months ago

Apple to increase its investment in China, Tim Cook says

China Daily  

Apple to increase its investment in China, Tim Cook says By Cheng Yu chinadaily.com.cn Updated: Oct 23, 2024 Consumers select products at an Apple store in Chengdu, Sichuan province, Feb 23, 2024. Tim Cook, CEO of Apple Inc, said the company will continue to increase investment in China and contribute to the industrial and supply chains, as he met with …

Apple CEO says that he wants to increase investments in Vietnam
11 months, 1 week ago

Apple CEO says that he wants to increase investments in Vietnam

Associated Press  

HANOI, Vietnam — Apple CEO Tim Cook said Tuesday that he wants to further increase investment in Vietnam a day after the company announced it would spending on suppliers in the Southeast Asian manufacturing hub. The company began looking at moving its production to countries like Vietnam, and more recently India, after shutdowns to fight COVID-19 in China repeatedly disrupted …

Apple made China the backbone of its iPhone assembly. Shifting away could take years
2 years, 3 months ago

Apple made China the backbone of its iPhone assembly. Shifting away could take years

CNN  

CNN — In early November, weeks before the peak holiday shopping season was about to kick off, Apple issued an unusual warning: customers would have to wait longer for the new iPhone 14 Pro models. In an investor note earlier this week, one analyst at Wedbush Securities estimated it would take Apple until at least 2025 or 2026 to move …

Apple gears up to get ‘Made-in-US’ chips for its devices by 2024
2 years, 4 months ago

Apple gears up to get ‘Made-in-US’ chips for its devices by 2024

Live Mint  

Apple inc is preparing to begin sourcing chips for its devices from a US-based plant by 2024, news agency Bloomberg reported. But the Chinese military's menacing of the island to assert Beijing's sovereignty claims, especially after US House Speaker Nancy Pelosi visited Taipei in August, is causing the chip industry to rethink the risk over Taiwan. Cook also reportedly said …

U.S. to discuss new chips bill with Taiwan next month
2 years, 6 months ago

U.S. to discuss new chips bill with Taiwan next month

The Hindu  

The United States will hold talks with Taiwan next month to discuss new U.S. legislation designed to boost the American semiconductor industry, the top U.S. diplomat in Taipei said on Wednesday. Last month, U.S. President Joe Biden signed into law the Chips and Science Act, which authorised about $52 billion in government subsidies for U.S. semiconductor production and research, as …

Intel will build Ohio computer chip factories amid global shortage
3 years, 2 months ago

Intel will build Ohio computer chip factories amid global shortage

LA Times  

Intel will spend $20 billion on a new semiconductor manufacturing facility in Ohio. Intel will invest $20 billion in a new computer chip facility in Ohio amid a global shortage of microprocessors used in a wide variety of products, including phones, cars and video games. “Intel’s work is essential to our efforts to rebuild America’s chip building capacity and create …

The bite in the Apple: Steve Jobs’s legacy, 10 years on
3 years, 5 months ago

The bite in the Apple: Steve Jobs’s legacy, 10 years on

Hindustan Times  

If Apple Inc were a person, it would be a filthy-rich 45-year-old man facing a mid-life crisis, under regulatory scrutiny in various parts of the world. This combination of being told he was special while growing to be leagues ahead of the rest of his class, and developing a fierce ambition driven at least in part by the scars of …

Apple to slash iPhone 13 production on chip shortages
3 years, 5 months ago

Apple to slash iPhone 13 production on chip shortages

Al Jazeera  

Apple Inc. is likely to slash its projected iPhone 13 production targets for 2021 by as many as 10 million units as prolonged chip shortages hit its flagship product, according to people with knowledge of the matter. The company had expected to produce 90 million new iPhone models in the last three months of the year, but it’s now telling …

Apple’s next trillion won’t come so easily
4 years, 7 months ago

Apple’s next trillion won’t come so easily

Live Mint  

Apple Inc. has done it again. With its shares up roughly 60% this year, Apple is among the Big Tech winners that have benefited from a “safety premium.” Investors have piled in to the iPhone maker’s shares as well as those of other technology darlings — including Amazon.com Inc., Facebook Inc. and Google parent Alphabet Inc. — betting their business …

Trump looking at exempting Apple from China tariffs
5 years, 4 months ago

Trump looking at exempting Apple from China tariffs

India TV News  

US President Donald Trump who visited Apple's Austin-based Mac Pro plant has said the government is "looking at" whether Apple should be exempt from China tariffs. "When you build in the United States, you don't have to worry about tariffs," he said, accompanied by CEO Tim Cook as he toured the Mac Pro computer manufacturing facility on Wednesday. Before his …

Away from Washington, Trump praises Apple’s Texas expansion
5 years, 4 months ago

Away from Washington, Trump praises Apple’s Texas expansion

Associated Press  

AUSTIN, Texas — President Donald Trump got away from the impeachment inquiry in Washington on Wednesday and celebrated tech behemoth Apple keeping its Mac Pro computer manufacturing plant in the Texas state capital. “When you build it in the United States, you don’t have to worry about tariffs,” Trump said, with Apple CEO Tim Cook standing by his side. As …

Apple CEO Cook, US President Trump expected to tour Apple facilities in Texas
5 years, 4 months ago

Apple CEO Cook, US President Trump expected to tour Apple facilities in Texas

Firstpost  

US President Donald Trump and Apple CEO Tim Cook are expected to tour facilities in Texas where Apple products are made as soon as next week to showcase companies that keep jobs in America, according to two people familiar with the matter. The trip, which has not yet been announced, would highlight Cook’s strong relationship with Trump as he seeks …

Donald Trump, Apple CEO Tim Cook to tour Apple operations in Texas
5 years, 4 months ago

Donald Trump, Apple CEO Tim Cook to tour Apple operations in Texas

Live Mint  

WASHINGTON: US President Donald Trump and Apple CEO Tim Cook are expected to tour facilities in Texas where Apple products are made as soon as next week to showcase companies that keep jobs in America, according to two people familiar with the matter. The trip, which has not yet been announced, would highlight Cook's strong relationship with Trump as he …

Donald Trump administration urged to ask India to reduce duty on US apples
5 years, 6 months ago

Donald Trump administration urged to ask India to reduce duty on US apples

India TV News  

Asserting that India's move to increase tariffs on the US apples has hit the farmers hard, a top American lawmaker has urged the Trump administration to ask New Delhi to reduce the duty for the country's apple growers. Congressman Dan Newhouse in a letter to US Trade Representative Robert Lighthizer, who is leading trade negotiations with India ahead of Prime …

US-China trade war will hit Apple for real this weekend
5 years, 6 months ago

US-China trade war will hit Apple for real this weekend

Live Mint  

The trade war between the US and China will hit Apple Inc. this weekend, dragging the largest US technology company into a fracas that threatens to raise prices on popular consumer gadgets and undermine a giant but delicate global supply chain. The optics of a US protectionist first approach penalizing a US global leading company while China doesn’t penalize Apple …

Apple CEO Tim Cook worried that US-China trade war could give Samsung a competitive edge: Report
5 years, 7 months ago

Apple CEO Tim Cook worried that US-China trade war could give Samsung a competitive edge: Report

Firstpost  

The US is looking to inflict a 10% tariff on billions of dollars worth of goods imported from China. Noted Apple analyst Ming-Chi Kuo recently stated that Apple will be able to absorb the 10 percent tariffs that US President Donald Trump wants to impose on hundreds of billions of dollars worth of products sourced from China. The bulk of …

Trump said Cook ’made a good case’ that US-China trade war could hurt Apple more than Samsung
5 years, 7 months ago

Trump said Cook ’made a good case’ that US-China trade war could hurt Apple more than Samsung

Live Mint  

Washington/New York: President Donald Trump said on Sunday that he had spoken with Apple Inc's Chief Executive Tim Cook about the impact of U.S. tariffs on Chinese imports as well as competition from South Korean company Samsung Electronics Co Ltd. Trump said Cook "made a good case" that tariffs could hurt Apple, given that Samsung's products would not be subject …

US tech giants object to new computer tariffs
5 years, 9 months ago

US tech giants object to new computer tariffs

China Daily  

US tech giants object to new computer tariffs By Cheng Yu and Ma Si | China Daily Updated: 06:58 AM June 21, 2019 Guests look at a new Macbook Air at the Apple event at the Brooklyn Academy of Music in New York, Oct 30, 2018. Firms accounting for over half of sales say move would hurt competitiveness Leading United …

US tech giants object to new computer tariffs
5 years, 9 months ago

US tech giants object to new computer tariffs

China Daily  

US tech giants object to new computer tariffs By Cheng Yu and Ma Si | China Daily Updated: 06:58 AM June 21, 2019 Guests look at a new Macbook Air at the Apple event at the Brooklyn Academy of Music in New York, Oct 30, 2018. Firms accounting for over half of sales say move would hurt competitiveness Leading United …

Apple assessing costs to move 15-30 percent of its production from China: Report
5 years, 9 months ago

Apple assessing costs to move 15-30 percent of its production from China: Report

Firstpost  

Apple decided the risks of depending heavily on manufacturing in China are too great and even rising Apple Inc has asked its major suppliers to assess the cost implications of moving 15%-30% of their production capacity from China to Southeast Asia as it prepares for a restructuring of its supply chain, according to a Nikkei Asian Review report on Wednesday. …

Apple has capacity to make all iPhones for US outside of China
5 years, 9 months ago

Apple has capacity to make all iPhones for US outside of China

Live Mint  

Apple Inc. has a backup plan if the U.S.-China trade war gets out of hand. The Cupertino, Calif.-based company’s primary manufacturing partner has enough capacity to make all iPhones bound for the U.S. market outside of China if necessary, according to a senior executive at Hon Hai Precision Industry Co. As the U.S.-China trade war is getting more grim and …

Will Apple’s roots in China hold fast amid political storm?
5 years, 9 months ago

Will Apple’s roots in China hold fast amid political storm?

Live Mint  

San Francisco: Apple is seen as a prime target for retaliation over US moves against the Chinese tech giant Huawei, but the roots planted by the company in China should help it weather the storm, analysts say. While Beijing may take aim at Apple in the countries' high-stakes trade war, experts believe that the company's size, cachet, and years spent …

In China, Apple’s Cook says he’s bullish on global economy
6 years ago

In China, Apple’s Cook says he’s bullish on global economy

Associated Press  

BEIJING — Apple CEO Tim Cook said Saturday that he is “extremely bullish” about the global economy based on the amount of innovation underway, and urged China to continue to “open up” amid complaints from the U.S. and others that it is shutting foreign firms out of key high-tech industries. In a speech at an economic forum in Beijing, Cook …

Apple iPhone sales | Chinese whispers
6 years, 2 months ago

Apple iPhone sales | Chinese whispers

Live Mint  

Apple Inc. CEO Tim Cook on Wednesday announced the first cut in the company’s revenue outlook in almost two decades, and analysts were quick to slash price targets for the company that just a little while ago was, well, the apple of its investors’ eyes. Cook in a letter to investors said that while the company expected challenges, “we did …

Apple’s latest iPhone warning comes years too late
6 years, 2 months ago

Apple’s latest iPhone warning comes years too late

Live Mint  

The optimistic narrative about Apple Inc.’s iPhone business is falling apart in front of our eyes. In an extraordinary letter to Apple investors, CEO Tim Cook also told stockholders what he should have been saying for years: The company’s iPhone business has shifted into a lower gear because of changes in the smartphone market and consumer behavior. In his letter, …

Apple to invest $1 billion for its new campus in Austin
6 years, 3 months ago

Apple to invest $1 billion for its new campus in Austin

India TV News  

Apple, the US-based tech giant has announced of setting up a new campus in Austin with almost $1 billion investment. Apple also has plans to establish new sites in Seattle, Culver City, San Diego and expand in cities across the US that includes New York, Pittsburgh and Boulder, Colorado in a time frame of three years. Also, read: Xiaomi Mi …

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