Apple pledges to increase its investments in the United States, with plans to spend more than $430 billion over the next five years and create 20,000 new jobs throughout the country. Over the last three years, Apple has also invested $350 billion in the United States. Apple is increasing its contribution to American innovation by 20% over the next five years, resulting in economic benefits in every state. This includes tens of billions of dollars for 5G innovation and next-generation silicon production in nine US nations.
Apple’s CEO Tim Cook said, “At this moment of recovery and rebuilding, Apple is doubling down on our commitment to US innovation and manufacturing with a generational investment reaching communities across all 50 states.” “We’re creating jobs in cutting-edge fields — from 5G to silicon engineering to artificial intelligence — investing in the next generation of innovative new businesses, and in all our work, building toward a greener and more equitable future.”