Apple’s pledge to spend $500 billion to onshore production means a boost for TSMC’s massive chip factory in Phoenix. President Donald Trump chalked up Apple CEO Tim Cook’s move to Trump’s tariff threat.
Apple says it is TSMC's largest customer. TSMC currently employs 2,000 workers to manufacture chips in the U.S.
The $500 billion in U.S. investments in the next four years will include a giant factory in Texas for artificial intelligence servers.
Arizona is one of nine states where Apple plans to invest $500B over the next four years, with the company planning to hire about 20,000 employees.
As Meta builds record-size data centers and Microsoft recalibrates its expansion plans, Apple's latest investment reveals diverging strategies to power next-generation AI.
The company pledged the multibillion-dollar investment over the next four years and said it would create 20,000 jobs. The Texas facility is set to open in 2026.
Apple announced what it called its largest-ever spend commitment, saying on Monday that the company will invest more than $500 billion over the next four years in U.S. jobs and facilities, specifically to power its AI infrastructure.
Arizona is expected to get a significant slice of Apple Inc. 's $500 billion U.S. investment.
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.
11:52 EST Apple ( AAPL) to be largest customer of TSMC’s ( TSM) Arizona facility, says CEO Tim Cook Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
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Taiwan Economy Minister Kuo Jyh-huei said on Thursday that chipmaker TSMC would need government permission for any overseas joint ventures, but the government will not interfere in its decisions. U.S.
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