Cupertino tech giant Apple Inc has announced fresh $430 billion in investments across the U.S. to target chip design and 5G amongst others.
Cupertino tech giant Apple Inc has announced its plans to invest $430 billion to support emerging technological fields in the United States. The investment will cover rapidly growing areas such as 5G cellular technologies, silicon design and renewable energy, and it follows a 2018 commitment by the company to spend $350 billion in America over the course of five years. Apple paid special attention to chip design, a sector that has received renewed interest from the U.S. government and the private sector in the wake of ongoing chip shortages currently plaguing the automotive sector as the bulk of global contract chip fabrication remains concentrated in Asia. The company has announced plans to build a new campus in North Carolina, with a total investment of $1 billion. Through this, it intends to create more than 3,000 jobs in the state and target the rapidly growing fields of machine learning and artificial intelligence. This investment follows another $1 billion, that Apple had invested in Austin, Texas,, to create a new facility in the area. It now expects that employees will start moving to this campus by next year. Download 2021 iPad Pro Wallpapers Right Now [Direct Link] Out of the $430 billion, «tens of billions» will be spent across nine U.
