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Thursday, May 4, 2017
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[Timothy D. Cook, Appleâs chief executive, last year. On Wednesday, he announced a fund to promote advanced manufacturing jobs.](
Timothy D. Cook, Appleâs chief executive, last year. On Wednesday, he announced a fund to promote advanced manufacturing jobs. Marcio Jose Sanchez/Associated Press
[Trending in Tech: Jobs](
President Trump has made American jobs â keeping them, promoting them, bringing them back â a central theme of his young presidency. And he has prodded some companies into cooperating by calling them out on Twitter or in other public venues, or by pressuring them with his policies.
Several tech companies have appeared to respond to Mr. Trumpâs speech and actions around jobs in recent months. Asian companies including Alibaba and SoftBank have promised thousands of new jobs in the United States. In February, [Intel]( the worldâs largest computer chip manufacturer, said it would [invest $7 billion to finish a factory]( in Arizona, adding 3,000 jobs.
This week, the pace of job announcements from tech companies surged. Infosys, a leading outsourcer based in India, said on Tuesday that it would [hire up to 10,000 Americans]( to serve its clients in the United States.
On Wednesday, the most valuable public tech company, Apple, said that it, too, was focused on job creation in the United States. The iPhone maker, which produces most of its devices overseas, said it was starting a $1 billion fund to foster advanced manufacturing and [would make its first investment]( this month, write Katie Benner and Nelson D. Schwartz, reporters at The New York Times.
âWe can be the ripple in the pond,â Timothy D. Cook, Appleâs chief executive, told CNBC about the new fund. âBecause if we can create many manufacturing jobs around â those manufacturing jobs create more jobs around them, because you have a service industry that builds up around them.â
â Pui-Wing Tam
Read More
[Apple Announces $1 Billion Fund to Create U.S. Jobs in Manufacturing](
By KATIE BENNER AND NELSON D. SCHWARTZ
Apple, joining a growing list of companies that have said recently that they will promote jobs in the U.S., said it would announce the fundâs first investment this month.
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