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Apple Wants to Invest $80 Billion More in the U.S. for its 5-Year Plan
Posted on 04/27/2021
Apple Inc. revealed plans to increase investments in the United States. Apple seeks spend around US$ 430 billion in the U.S. over the next 5 years. This is a 20% increase from Apple’s original 5-year goal of $350 billion set in 2018.
Part of this capital expenditure will be geared toward next-generation silicon development and 5G innovation across nine U.S. states. As part of its investments and expansion, Apple plans to invest more than US$ 1 billion in North Carolina and will begin construction on a new campus and engineering hub in the Research Triangle area. Apple will make a US$ 100 million fund to support schools and community initiatives in the greater Raleigh-Durham area and across North Carolina. Apple plans to rapidly expand its teams and operations across other states, including California, Colorado, Massachusetts, New York, Texas and Washington, according to the p ....

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