Apple (AAPL) announced Monday that it will spend and invest more than $500 billion in the US over the next four years, including plans to build a new manufacturing factory, double its advanced manufacturing fund,

Apple on Monday announced plans to invest at least $500 billion in the US over the next four years to bolster highly skilled manufacturing, artificial intelligence and the development of students' skills throughout the country.

Amid Donald Trump-imposed tariffs, Apple has announced what it calls its largest-ever spending commitment, more than $500 billion over four years, to expand facilities, build a new factory in Texas and hire 20,