Ace quick missions & earn crypto rewards while gaining real-world Web3 skills. Participate Now! 🔥
Key Takeaways
Ace quick missions & earn crypto rewards while gaining real-world Web3 skills. Participate Now! 🔥
Apple is expanding its focus on US manufacturing by adding $100 billion to its previous investment plans and raising its total domestic spending to $600 billion.
The announcement came during a White House event where CEO Tim Cook appeared alongside President Donald Trump.
This added funding will support Apple’s American Manufacturing Program, which includes producing more parts and devices in the US, using local materials, and partnering with domestic suppliers. The company expects these efforts to help create around 450,000 jobs across all 50 states.
Did you know?
Subscribe - We publish new crypto explainer videos every week!
What is a Liquidity Pool in Crypto? (Animated)
A new facility in Houston has already started building artificial intelligence (AI) servers. Cook highlighted this development as a key step in Apple’s efforts to bring more of its production home.
The decision comes as the US government considers placing new tariffs on imported semiconductors. By shifting operations domestically, Apple can reduce its exposure to those potential penalties while also aligning with federal goals to bring high-tech manufacturing back to the US.
The company’s focus on US-based infrastructure also connects to its push in AI. Cook said Apple is continuing to grow its AI investments. Part of the new plan includes expanding data center capacity in several states, including North Carolina, Nevada, Iowa, Arizona, and Oregon.
Recently, OpenAI announced plans to use a new data center in northern Norway to support its AI operations in Europe. What did the company say? Read the full story.
To ensure the highest level of accuracy & most up-to-date information, BitDegree.org is regularly audited & fact-checked by following strict editorial guidelines & review methodology.
Carefully selected industry experts contribute their real-life experience & expertise to BitDegree's content. Our extensive Web3 Expert Network is compiled of professionals from leading companies, research organizations and academia.