Apple to invest $1 billion in Texas, for building its new campus

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A U.S. based technology giant, Apple Inc on Thursday announced that “It will be investing $1 billion to build its new campus in North Austin, Texas and will invest the another $10 billion for new data centers as a part of a five-year investment plan to create 20,000 jobs in the country.”

The company said that “It would also set up its new sites in Seattle, San Diego and Culver City, California and expand operations in Pittsburgh, New York and Boulder, Colorado over the next three years.”

Apple said that “It’s new Austin campus will be located less than a mile away from its existing facilities, it also said the Data centers in North Carolina, Arizona and Nevada are being expanded.”

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It is interesting to learn that, “Nearly half of the revenue which Apple makes, comes from outside the United States and setting up its new campuses in the United States will be interesting to see that,  how it will help the company to increase its revenue inside the United States or not.

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Krishna Mali
Krishna Mali
Founder & Editor of TechGraph

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