Apple has announced plans to invest over $500 billion (£396bn) in the U.S. over the next four years, starting with a new advanced manufacturing facility in Texas.
The tech giant stated that this investment would generate 20,000 new jobs, with the “vast majority” of positions focused on research and development, software, and artificial intelligence (AI).
However, it remains unclear how much of this investment represents an expansion of Apple’s current activities.
The company explained that the sum includes a range of expenses, from supplier spending to Apple TV+ productions.
The announcement follows a recent meeting between Apple CEO Tim Cook and President Donald Trump, who has consistently pushed for increased corporate investment in the U.S.
In its statement, Apple described this as its “largest-ever spend commitment,” aimed at strengthening American manufacturing.
“We are bullish on the future of American innovation,” Cook said.
The company plans to construct a 250,000-square-foot facility in Houston, Texas, which will produce servers for Apple Intelligence, the company’s AI system.
Apple noted that these servers were “previously manufactured outside the U.S.” and stated that the factory would be operational by 2026, creating “thousands” of jobs.
Beyond the new plant, Apple is expanding its data center operations across North Carolina, Iowa, Oregon, Arizona, and Nevada.
Additionally, it will double the funding for its U.S. manufacturing initiative—originally launched during Trump’s first term—from $5 billion to $10 billion.
Trump had hinted at the investment last week, attributing it in part to his trade policies, including tariffs.
Following Apple’s announcement, the president took to social media to claim credit, stating that the investment was due to “faith in what we are doing, without which, they wouldn’t be investing ten cents.”
Source-BBC
