Apple Announces $500 Billion US Investment Plan, To Hire 20,000 People

Apple said it planned to hire an additional 20,000 staff in the US over the next four years as part of a $500 billion American investment plan. Financial Times: The $500 billion figure [non-paywalled source], spread over Trump’s second term in office, includes regular spending on thousands of US suppliers, data centres and corporate facilities, as well as new initiatives such as an academy in Michigan “to train the next generation of US manufacturers.” Apple will also open a manufacturing facility in Houston to build servers that can support its artificial intelligence ambitions.

President Trump “implied that the iPhone maker is investing locally because it does not want to pay tariffs,” reports Bloomberg. They add pointedly that Apple “didn’t say whether the new investments were already underway before Trump’s win.”