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.
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.
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.
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Laptop Mag on MSNApple's unexpected response to Trump tariffs prove it's not immune to political pressureThe upcoming US Silicon Tariffs are expected to cause price increases on tech hardware, with price hikes of up to 40%.
Arizona is expected to get a significant slice of Apple Inc. 's $500 billion U.S. investment.
Apple's "high-end" M5 chips may enter mass production as soon as the second half of 2025, according to analyst Ming-Chi Kuo.
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.
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