Apple’s Advanced Manufacturing Fund to help U.S. manufacturing isn’t capped at $1 billion, according to chief operating office Jeff Williams.
The $1 billion investment was announced in May this year. At the time, Tim Cook said it was Apple’s “initial” investment, suggesting that there could be more money should things work out well. Clearly Apple has been impressed by the results because in a new interview with CNBC, Jeff Williams said the sum is “absolutely not” Apple’s final threshold.