President Trump and the tech industry are continuing their dance of give and take. This time, it’s Apple doing the appeasing. On Wednesday, August 6, CEO Tim Cook announced that Apple would invest $100 billion toward U.S. manufacturing.

The money comes alongside another $500 billion that the iPhone maker pledged in February, all of which is meant to be spent in the next four years.

At the time, Apple claimed that it would fund a 250,000-square-foot manufacturing facility in Houston, Texas, slated to open in 2026. It also devoted some of the funds to hiring 20,000 new U.S.-based employees, primarily in fields such as AI, machine learning, R&D, silicon engineering, and software development.

‘We took that challenge very seriously’

On Wednesday, Cook alluded to Trump’s push for more than t

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