Techonology

Apple plans to invest $ 500 billion in the US as Trump Tariffs Loom

Apple Chief Executive Officer met President Trump, Company Said on Monday It planned to spend $ 500 billion and hired 20,000 people in the United States over the next four years and opened a factory in Texas to push the machines into artificial intelligence.

Apple Cook, Apple’s CEO said in a statement, “We are fast on the future of American innovation, and we are proud of our long -time American investments.” The company created the same, small vows during the first term of the Biden administration and Mr. Trump, although it has not yet happened through some promises.

Mr. Cook met with Mr. Trump last week. After that meeting, Mr. Trump said that Apple will transfer production to the United States: “They are going to build here instead because they do not want to pay the tariff,” they Said in a speech For a gathering of governors.

With his investment, Apple said that it would start manufacturing artificial intelligence servers in Houston a new 250,000 square feet facility next year. Those servers, which will be built by Taiwanese electronics giant Foxconn, will help the company expand the ability of its data center in Northern Carolina, Oregan, Arizona and Nevada.

Apple in Asia – iphones, iPads and Mac – will continue to bulk the who sells. Before being elected President for the first time in 2016, its foreign manufacturing footprint has been a point of dispute with Mr. Trump. Over the years, he “from Apple” to start manufacturing his cursed computers and things in this country, instead of other countries “. ,

As the Trump administration carried forward tariffs on China in 2019, Apple began transferring some of its manufacturing to Vietnam, India and other Asian countries. But it brought back to the United States of that production.

Now, Apple is facing tariffs for the first time on iPhones and there is a risk of tariff on other products made abroad. Most iPhones are created in China, and 10 percent of American tariffs on all Chinese products were effective this month. Mr. Trump threatens the levy on imports from India, Mexico and other major trading partners along with mutual tariffs.

Mr. Cook has worked with Mr. Trump in the past to help in avoiding apple tariffs. The Trump administration avoided putting levy on the smartphone, a tariff on Apple Watch in 2020, and removed.

Managing partner Jean Munter at the Dipwater Asset Management said that he hoped that Apple would be spared again from the tariff due to his promise to invest $ 500 billion in the United States.

He said that Apple promised to spend $ 39 billion in annual expenditure above investment on employees and suppliers in the United States in 2021. This corresponds to the average annual growth of Apple in US investment to support its growth since 2017. And Apple said that according to 20,000 jobs that added to the number of those in the United States in a gap of four years. , Too.

“This is a calculation business closed for tariffs,” said Mr. Munter. “Trump made it clear: You have to show me some love. The question is, how much value is there for the apple? And the answer is that they will spend this money on the infrastructure, to give it to Uncle Sam instead. “

He said, “This is what you have to do to navigate the new world order, and Tim Cook is really good in it.”

Apple and White House did not comment immediately.

The latest is the latest in a range of Apple companies to meet the investment commitments in the United States after Mr. Trump’s election. In December, a Japanese technology company, SoftBank, is committed to investing $ 100 billion in the United States and making 100,000 jobs. A month later, SoftBank, Openi and Oracle promised to spend $ 500 billion in the next four years on computing infrastructure for artificial intelligence.

Companies have mixed the record of fulfilling their promises to Mr. Trump. In 2018, Apple promised to create a campus in a new location as part of an investment of $ 350 billion, but it has not done so yet. The same year, its partner Foxconn held a groundbreaking in a high -tech campus of $ 10 billion in Wisconsin, which will provide employment to 13,000 people. Foxconn has built some buildings but not a promised plant.

But other companies such as American steel manufacturers, Toyota and Nuclear, chased through the promise of investing billions of dollars by constructing plants in Kentki, which now employs thousands of people.

In 2021, Apple stated that it would invest $ 1 billion in northern Carolina in a new campus in the Rale region. This later stopped the development of the project. Last year, it was said that it would develop the campus in the coming years.

Apple’s pledge suggests that she is becoming more serious about her AI business, Mr. Munter said. Instead of putting tens of billions of dollars in building data centers in the form of Microsoft, Amazon, Meta and Google, Apple has partnered with Openai, which fulfills some AI questions on iPhones, and rented computing infrastructure from cloud providers from cloud providers Is.

To support the AI ​​service called Apple Intelligence, the company has developed custom semiconductors for its server which is stuck together in a cloud network that has been said that it is more private because it is not stored or accessible, Even by Apple.

Apple servers can increase the efforts of the company being made in Houston to offer AI. Last year, Foxconn bought a land path in the north of Houston next to one of its warehouses, which said that it would be used for its artificial intelligence business.

The world’s most advanced AI servers depend on a complex network of companies that have spent decades to develop special equipment and processes. They include chips made by the Taiwan Semiconductor Manufacturing Company, which produces most of the state -of -the -art computer chips in Taiwan and depends on the machines made by the Dutch company ASML.

The TSMC is also expanding its manufacturing footprint in the United States. In 2020, the company stated that it would build a factory in Arizona; This quickly announced a second and then a push to promote American chip construction from the biden administration between a third. But it also pushed back the onset of production in Arizona, stating that local workers lack specialization in installing some sophisticated equipment.

Shortly before leaving the post, President Joseph R. Biden Junior completed an agreement to award a $ 6.6 billion in the grant to TSMC. The government said that it plans to pay TSMC in trench as the company meets milestones. Apple is the largest customer of facility.

TSMC has already started making chips for Apple in Arizona.

Apple on Monday described its announcement as the “greatest expense commitment”. The company said to 500 billion dollars manufacturing facilities, data centers and entertainment presentations. Apple employs more than 150,000 people worldwide.

Monday’s statement echoed the declarations of the former apple.

four years agoA few months after the inauguration of Mr. Biden, Apple announced the “acceleration” of its American investments, promising to spend $ 430 billion and add 20,000 jobs in five years. In January 2018During Mr. Trump’s first term, the company said that its “direct contribution to the US economy” would be $ 350 billion in five years and planned to create 20,000 jobs in that period.

Mr. Trump thanked Apple and Mr. Cook Social media post On Monday. Mr. Trump said that the move revealed that the company had “what we are doing”.

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