Apple announced on Monday its plans to invest $500 billion in the United States over the next four years, including the construction of a major artificial intelligence (AI) server facility in Texas and the creation of approximately 20,000 new research and development jobs nationwide.
The massive investment will encompass spending on US suppliers, Apple TV+ content production, and infrastructure expansion. Although Apple did not specify how much of the $500 billion was already earmarked for existing supplier partnerships, it highlighted ongoing collaborations with companies like Corning, which manufactures iPhone glass in Kentucky.
The announcement follows reports of a recent meeting between Apple CEO Tim Cook and former President Donald Trump. With potential tariffs of 10% looming on products assembled in China, Apple is navigating complex trade dynamics, despite having secured exemptions during Trump’s first term.
Apple previously made a similar pledge in 2018, committing $350 billion to the US economy over five years during Trump’s first administration. Shares dipped slightly in pre-market trading following the latest announcement.
In a post on Truth Social, Trump expressed gratitude to Apple and Cook, calling the investment a sign of confidence in his administration.
While Apple’s consumer products are primarily assembled overseas, many components—including chips from Broadcom, SkyWorks Solutions, and Qorvo—are produced in the US Recently, Apple began mass production of its in-house chip designs at Taiwan Semiconductor Manufacturing Co.’s (TSMC) Arizona facility, a project fueled by the CHIPS Act, which Trump helped advance to strengthen US semiconductor manufacturing.
Apple also revealed plans to collaborate with Foxconn (Hon Hai Precision Industry) on a new 250,000-square-foot factory in Houston, Texas, dedicated to assembling AI servers. These servers, which currently are manufactured abroad, will support Apple Intelligence—Apple’s suite of AI-powered tools for tasks like email drafting and data analysis.
In addition, Apple will double its Advanced Manufacturing Fund from $5 billion to $10 billion, including a multibillion-dollar commitment to advanced silicon production at TSMC’s Arizona plant.
To further support domestic manufacturing, Apple will open a Manufacturing Academy in Michigan, offering free courses led by Apple engineers and local university staff. The academy aims to help small and mid-sized manufacturers improve processes and project management capabilities.
This latest round of US investment underscores Apple’s strategy to bolster domestic manufacturing, expand its AI capabilities, and navigate complex trade landscapes while contributing significantly to the American economy.
