For the economic observers keeping track, Apple can be added to the growing list of multinational corporations pledging to invest billions of dollars in the US economy. Is the iPhone maker ultra-bullish on Trumponomics, or is the tech juggernaut attempting to avoid the new administration’s tariffs? It could be a bit of both, as President Donald Trump has vowed to implement a pro-business climate, and Apple is trying to diversify its global supply chain away from China.
A Bite of the Big Apple
The big Apple is allocating its capital to the Lone Star State. In a Feb. 24 announcement, the company confirmed that it will open a new facility in Texas designed for artificial intelligence (AI) servers as part of a broader $500 billion investment in nearly two dozen states over the next four years.
The 250,000-square-foot manufacturing facility will be…
