Bank of America Senior IT Hardware Analyst Wamsi Mohan repeats the Apple Purchase and $ 256 price goal on “Claman Countdown”.
Apple has committed $ 500 billion to the historic initiative, announced on Monday and described an “extraordinary new chapter in the history of American innovations”.
Apple's eleven -digit commitment will emerge in the next five years. This will include the construction of an AI server factory near Houston and also double the advanced production fund of the company from $ 5 billion to $ 10 billion.
Technical giant also plans to set up the Apple Manufacturing Academy Academy in Detroit, Just like hiring 20,000 new employees focusing on research and development, silicone engineering, artificial intelligence and machine learning.
“This new promise is being built Apple's long history Investing in American innovation and advanced highly qualified production and will support a wide range of initiatives that focus on artificial intelligence, silicone engineering and skills development for students and workers across the country, ”the company said in a statement.
Tim Cook said he was “Bull” about the US innovative potential in a statement of Apple's investment. (Itock / Getty Images)
Apple also plans to expand teams and equipment in many countries, including Michigan, Texas, California, Arizona, Nevada, Iowy, Oregon, North Carolina and Washington. In his statement, Apple CEO Tim Cook said his company “Bulls on the future of American innovation”.
“We are proud to build on our long -term US investments with this $ 500 billion commitment to the future of our country,” he added. “Since the doubling of our advanced production fund to the construction of advanced technologies in Texas, we are enthusiastic about expanding our support for American production.”
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On Wednesday, May 15, 2024, Apple Inc. In the Fifth Avenue store in New York. (Michael Nagle / Bloomberg / Getty Images)
“And we will continue working with people and companies across the country to help write an extraordinary new chapter in the history of American innovations.”
The announcement comes two days after the president Donald Trump He mentioned the plans of the technical giant and said the company planned to invest “hundreds of billions of dollars” in the United States.
Tim Cook, Apple Inc. CEO, speaks during the Apple Worldwide Developers Conference on the Apple Park in Cupertino, California on Monday, June 6, 2022. (David Paul Morris / Bloomberg via Getty Images / Getty Images)
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“Yesterday I had a cook in the Apple office. He invests hundreds of billions of dollars, ”Trump said at the White House gathering on Friday. “He told me that. He has to do it now. “
