Apple announces new $1 billion North Carolina campus and $80 billion additional US spending

Illustration by Alex Castro / The Verge

Apple has announced new spending plans for the US, including the establishment of a 3,000-employee “campus and engineering hub” in North Carolina and the commitment of an additional $80 billion in investment across the country.

Back in 2018, the firm said it would spend more than $350 billion in the US over the next five years, but today, it announced it is increasing that figure by 20 percent to $430 billion.

“At this moment of recovery and rebuilding, Apple is doubling down on our commitment to US innovation and manufacturing with a generational investment reaching communities across all 50 states,” said Apple CEO Tim Cook in a press statement.

And why not? Like many big tech firms, Apple has done very well during the pandemic, when…

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