Apple Commits 0 Billion In US Investment For AI Push, Boost US Manufacturing Tech – Apple (NASDAQ:AAPL), Broadcom (NASDAQ:AVGO)

Apple Commits $500 Billion In US Investment For AI Push, Boost US Manufacturing Tech – Apple (NASDAQ:AAPL), Broadcom (NASDAQ:AVGO)

On Monday, Apple Inc AAPL committed over $500 billion in investment in the U.S. over the next four years to support initiatives including artificial intelligence silicon engineering.

CEO Tim Cook noted that Apple is doubling its advanced manufacturing fund to build advanced technology in Texas.

The $500 billion commitment includes Apple Intelligence infrastructure, data centers, and Apple TV+ productions.

Also Read: AMD Reshapes Strategy, Plans $4 Billion Data Center Asset Sale…

Article Source
https://in.benzinga.com/tech/25/02/43910982/apple-commits-500-billion-in-us-investment-for-ai-push-boost-us-manufacturing-tech

More From Author

Oracle Q3 Preview: Secular Growth Acceleration Continues, Expect Lower FX Impact (ORCL)

Oracle Q3 Preview: Secular Growth Acceleration Continues, Expect Lower FX Impact (ORCL)

Google Claims Its AI Tool Can Beat Math Olympiad Gold Medalists

Google Claims Its AI Tool Can Beat Math Olympiad Gold Medalists

Listen to the Podcast Overview

Watch the Keynote