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Apple supplier Jabil plans $500 million venture to build American AI data centers
- Jabil, an Apple supplier, plans to invest $500 million in expanding its footprint in the Southeast U.S. for cloud and AI data center infrastructure.
- The investment aims to enhance manufacturing capabilities, capital investments, and workforce development with an operational target of mid-calendar year 2026.
- The move is seen as crucial for America's artificial intelligence future and national security by building hardware domestically.
- Jabil's recent acquisition of Mikros Technologies, specializing in liquid cooling and thermal management solutions, complements this initiative.
- The $500 million venture is part of Jabil's strategy to strengthen its U.S. presence and commercial portfolio while navigating dynamic geopolitical challenges.
- Jabil, headquartered in St. Petersburg, Florida, operates 30 sites in the U.S., focusing on automation, robotics, and process optimization to meet industry demands.
- Apple Intelligence provider OpenAI secures a $200 million contract for AI support from the U.S. Defense Department.
- Apple successfully overturns a $300 million jury verdict in a patent infringement case through a U.S. appeals court.
- The shift of much of Apple's production to China has revolutionized global supply chains and boosted China's technological advancement.
- Goldman Sachs identifies Apple as among stocks with strong growth potential.
- Adobe launches a standalone Firefly app for Apple's iOS and Google's Android platforms.
- Support MacDailyNews by subscribing to their Substack for exclusive content.
- Readers can help MacDailyNews at no extra cost by using the provided Amazon shopping link.
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