Apple has announced plans to invest $500 billion in the US over the next four years, including the development of a 250,000-square-foot factory in Texas for AI server production. The company will also create 20,000 research and development jobs nationwide.
The investment covers various sectors, from supplier purchases to Apple TV+ productions. Apple did not specify how much of this spending was already planned with existing suppliers, including Corning and Broadcom.
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The announcement follows reports of Apple CEO Tim Cook meeting with former President Donald Trump, whose potential return to office could bring renewed tariffs on Apple’s China-assembled products. Apple previously committed $350 billion in US investments during Trump’s first term.
Apple will collaborate with Foxconn to build AI servers in Houston and increase its Advanced Manufacturing Fund from $5 billion to $10 billion, supporting semiconductor production at TSMC’s Arizona facility. Additionally, Apple will launch a Michigan-based manufacturing academy to train small and mid-sized manufacturers.
