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Apple to open AI server factory in Texas as part of $500 billion U.S. investment - TL;DR CNBC

Apple to open AI server factory in Texas as part of $500 billion U.S. investment

Publishing timestamp: 2025-02-24 12:28:54


Summary

Apple plans to open a new factory for artificial intelligence servers in Texas as part of a $500 billion investment in the U.S. The company also plans to hire around 20,000 new employees across the country, focusing on research and development, silicon engineering, software development, and AI and machine learning. Apple CEO Tim Cook expressed optimism about the future of American innovation and the company's commitment to the country's future.


Sentiment: POSITIVE

Tickers: AAPL

Keywords: breaking news: technologycomputer hardwareapple incbusiness newstim cookartificial intelligencehoustontechnologyhon hai precision industry co ltddonald j. trump

Source: https://www.cnbc.com/2025/02/24/apple-to-open-texas-ai-server-factory-in-500-billion-us-expansion.html


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