Apple Ups U.S. Investments Over Five Years to $430 Billion
- Spending outpaced its original five-year goal of $350 billion
- Aims to create 20,000 new jobs across the country, new campus
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Apple Inc. is increasing its U.S. investments by 20% over the next five years, allocating $430 billion to develop next-generation silicon and spur 5G wireless innovation across nine U.S. states, after outstripping its growth expectations during the pandemic.
The iPhone maker will create 20,000 new jobs in the U.S. and fund a new campus in North Carolina, the company said in a statement Monday.