Trump signs order ending US sanctions on Syria, Damascus welcomes move
U.S. President Donald Trump signed an executive order on Monday ending the U.S. sanctions programme on Syria, the White House confirmed....
Cupertino, CA, February 24, 2025 – Apple Inc. announced on Monday plans to add 20,000 new US jobs and produce AI servers domestically as part of a $500 billion investment over the next four years.
The strategic investment will support the construction of a new server manufacturing facility in Houston, a supplier academy in Michigan, and increased collaboration with existing US suppliers. In a statement, Apple Chief Executive Officer Tim Cook emphasized the company’s commitment to American innovation: “We are bullish on the future of American innovation, and we’re proud to build on our long-standing US investments with this $500 billion commitment to our country’s future.”
The announcement follows recent discussions in the Oval Office between Cook and President Trump, who previously expressed his approval of Apple’s local investments, noting, “He’s investing hundreds of billions of dollars.” The president’s comments came as he reiterated his threat to impose an additional 10% tariff on Chinese imports - a measure aimed at compelling companies like Apple, which builds most of its products in China, to shift production stateside.
Apple’s new initiative marks its largest domestic investment commitment to date. The company highlighted that the 20,000 new positions will primarily focus on research and development, silicon engineering, and artificial intelligence. In addition, Apple plans to begin producing servers for its Private Cloud Compute system - part of its emerging Apple Intelligence suite - in Houston later this year, in collaboration with Foxconn Technology Group. A 250,000-square-foot facility for this purpose is slated to open in the city next year.
The investment package also includes plans to expand data center capacity in Arizona, Oregon, Iowa, Nevada, and North Carolina. Mass production of chips for certain Apple products has already commenced at a Taiwan Semiconductor Manufacturing Co. facility in Arizona, further bolstering the company’s domestic footprint.
Market observers note that Apple’s announcement is a strategic response to both regulatory pressures and shifting geopolitical dynamics. The company previously managed to avert tariffs during President Trump’s earlier term by emphasizing that such taxes would ultimately benefit competitors. With similar pressures resurfacing, Apple’s renewed commitment to US production and job creation is seen as a bid to secure tariff relief and strengthen its supply chain resilience.
Shares of Apple slid as much as 1.5% in pre-market trading following the announcement. Despite the short-term market reaction, Cook expressed confidence in the long-term benefits of the investment, underscoring Apple’s belief in a robust future for American innovation and manufacturing.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
Over the past year, 162 asteroids flew closer to Earth than the Moon. NASA and ESA warn only 40% of dangerous objects have been identified, with one asteroid posing a small risk of hitting the Moon in 2032.
A Chinese firm has launched what it claims is the country’s first 24/7 intelligent laser weeding robot, aiming to phase out chemical herbicides and cut agricultural pollution at its source.
Set on top of Chile’s Cerro Pachón mountain, the Vera C. Rubin Observatory will soon embark on a ten-year survey, using cutting-edge technology to uncover new secrets of the universe.
Scientists at the MRC Laboratory of Medical Sciences have identified a genetic 'dimmer switch' that controls how genes turn on and off during embryo formation, offering insights for future therapies.
Japan has launched its H2A rocket for the final time, marking a shift to its next-generation H3 programme.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment