Apple Unveils $500 Billion U.S. Investment Plan with Focus on AI and Advanced Manufacturing

Apple unveils $500 billion U.S. investment plan for next four years

Apple today announced its largest-ever investment commitment, pledging to invest more than $500 billion in the United States over the next four years. This initiative builds on Apple's ongoing support for American innovation and manufacturing, funding advancements in artificial intelligence (AI), silicon engineering, and workforce development. The $500 billion commitment includes Apple's collaboration with thousands of suppliers across all 50 states, direct employment, Apple Intelligence infrastructure and data centers, corporate facilities, and Apple TV+ productions in 20 states. The company highlighted that it remains one of the largest taxpayers in the U.S., having paid more than $75 billion in federal taxes over the past five years, including $19 billion in 2024 alone. Apple also noted that it currently supports more than 2.9 million jobs across the country. These jobs come from direct employment, partnerships with U.S.-based suppliers and manufacturers, and developer jobs in the growing iOS app economy. As part of this investment, Apple will work with partners to establish a new 250,000-square-foot advanced manufacturing facility in Houston. Expected to open in 2026, this facility will focus on producing servers that power Apple Intelligence, Apple's AI-driven system designed to enhance productivity and creativity. The project is set to create thousands of jobs and expand domestic manufacturing capabilities. Apple emphasized that these servers, previously manufactured outside the U.S., are a critical part of its private cloud infrastructure and AI systems. The company highlighted that the servers are designed for high energy efficiency, contributing to Apple's goal of reducing data center power consumption. Apple's data centers, which already operate on 100% renewable energy, will also expand in North Carolina, Iowa, Oregon, Arizona, and Nevada. Apple announced it will double its U.S. Advanced Manufacturing Fund from $5 billion to $10 billion. Established in 2017, this fund supports high-skilled manufacturing and technological innovation across the U.S. As part of this expansion, Apple will continue its partnership with TSMC's Fab 21 semiconductor facility in Arizona, where mass production of Apple-designed chips began in late 2024. Apple emphasized that it is the largest customer of this facility, which employs more than 2,000 workers. Apple's investments in silicon manufacturing extend to 24 factories in 12 states, including Arizona, Colorado, Oregon, and Utah. These efforts support thousands of jobs with U.S. suppliers such as Broadcom, Texas Instruments, Skyworks, and Qorvo. To date, Apple's U.S. Advanced Manufacturing Fund has supported projects in 13 states, including Kentucky, Pennsylvania, Texas, and Indiana, helping build local businesses, train workers, and develop new manufacturing processes and materials. Apple continues to increase its research and development (R&D) investments across the country. Over the past five years, Apple has nearly doubled its R&D spending in the U.S., and it plans to accelerate this growth further. The company also announced plans to hire approximately 20,000 new employees over the next four years. The majority of these roles will be focused on silicon engineering, software development, AI, and machine learning. Apple is expanding its R&D hubs across the U.S., strengthening teams in key areas such as custom silicon, hardware engineering, artificial intelligence, and advanced software development. To help businesses transition to advanced manufacturing, Apple will open the Apple Manufacturing Academy in Detroit. The academy, in collaboration with Michigan State University, will provide consulting services to small and medium-sized enterprises, helping them implement AI and smart manufacturing techniques. The academy will also offer free in-person and online courses, covering essential skills such as project management and manufacturing process optimization. These programs aim to enhance productivity, efficiency, and quality across supply chains. Apple noted that it has long been committed to education and workforce development, supporting organizations like 4-H, Boys & Girls Clubs of America, and FIRST. These partnerships help young people learn critical STEM skills, including coding and AI technologies. Apple's commitment to workforce development includes expanding the New Silicon Initiative, which prepares students for careers in hardware engineering and semiconductor design. The program, which expanded last year to include Georgia Tech, now reaches students at eight universities across the U.S. Additionally, Apple announced a new collaboration with UCLA's Center for Education of Microchip Designers (CEMiD) to further extend this initiative in 2025. Speaking about the investment, Tim Cook, Apple's CEO, said,

Apple Plans $500 Billion in US Investment, 20,000 Research Jobs by 2029

Apple said it will work with Foxconn to build a facility in Houston Apple said on Monday it would spend $500 billion (roughly Rs. 43,61,175 crore) in US investments in the next four years that will include a giant factory in Texas for Artificial Intelligence (AI) servers and add about 20,000 research and development jobs across the country in that time. That $500 billion (roughly Rs. 43,61,175 crore) in expected spending includes everything from purchases from US suppliers to US filming of television shows and movies for its Apple TV+ service. The company declined to say how much of the figure it was already planning to spend with its US supply base, which includes firms such as Corning that makes glass for iPhones in Kentucky. The move comes after media reports that Apple CEO Tim Cook met President Donald Trump last week. Many of Apple's products that are assembled in China could face 10 percent tariffs imposed by Trump earlier this month, though the iPhone maker had secured some waivers from China tariffs during the first Trump administration. "This pledge represents a political gesture towards the Trump administration," said Gil Luria, analyst at D.A. Davidson, who estimated Apple has already committed to spend more than $150 billion (roughly Rs. 13,08,321 crore) per year in the United States, including cost of goods sold and capital expenditure. "Even without growing that spend very much, they would only need three to four years to meet their obligation." Apple made a similar announcement about its US spending plans in 2018, during the first Trump administration, when it said its new and ongoing investments would contribute $350 billion (roughly Rs. 30,52,495 crore) to the US economy over five years. The company's shares were up 1.2 percent. Trump, in a Truth Social post, thanked Apple and Cook, saying the move reflected the company's faith in his administration. Most of Apple's consumer products are assembled outside the US, though many of Apple components are still made there, including chips from Broadcom, Skyworks Solutions and Qorvo. Apple said it last month started mass producing chips of its own design at an Arizona factory owned by Taiwan Semiconductor Manufacturing Co. Bringing TSMC to Arizona and helping introduce legislation that later became the CHIPS Act to bolster US semiconductor production were two of Trump's biggest industrial policy moves during his first term. Apple said on Monday it will work with Foxconn, formally known as Hon Hai Precision Industry, to build a 250,000-square-foot facility in Houston, where it will assemble servers that go into data centers to power Apple Intelligence, its suite of AI features that help draft emails and perform other tasks. Those servers are currently made outside of the US, Apple said. Apple said it plans to increase its Advanced Manufacturing Fund from $5 billion (roughly Rs. 43,604 crore) to $10 billion (roughly Rs. 87,199 crore), with part of the expansion being a "multibillion-dollar commitment from Apple to produce advanced silicon" at TSMC's Arizona factory. Apple did not disclose details of its deal with TSMC, but it has in the past used the fund to help partners build out the infrastructure needed to deliver products or services for Apple. Apple will also open a manufacturing academy in Michigan where its engineers, along with local university staff, will offer free courses for small and mid-sized manufacturing firms in areas such as project management and manufacturing process optimisation. © Thomson Reuters 2025

Apple is pouring $500 billion into the U.S. manufacturing

Apple has announced a historic $500 billion investment in the U.S. economy, marking a significant commitment to American manufacturing and innovation. This initiative is set to roll out over the next five years. The investment will include the construction of an advanced AI server manufacturing factory near Houston and the expansion of Apple's Advanced Manufacturing Fund, which will increase from $5 billion to $10 billion. Additionally, Apple plans to establish an Apple Manufacturing Academy in Detroit and hire 20,000 new employees focused on research and development, silicon engineering, artificial intelligence, and machine learning. According to Apple, this new pledge builds on its long history of investing in American innovation and advanced high-skilled manufacturing. The initiatives will also aim to support skills development for students and workers across the country. Apple's expansion will involve increasing teams and facilities in various states, including Michigan, Texas, California, Arizona, Nevada, Iowa, Oregon, North Carolina, and Washington. CEO Tim Cook stated, "We're proud to build on our long-standing U.S. investments with this $500 billion commitment to our country's future." He added, "We're thrilled to expand our support for American manufacturing." 400 million users later OpenAI still has a major problem This announcement closely follows remarks by President Donald Trump, who noted Apple's plans to invest "hundreds of billions of dollars" in the United States after meeting with Tim Cook. In the context of U.S. tariffs, Trump indicated that Apple intends to shift production to the U.S. to avoid tariffs on Chinese products. Most iPhones are currently manufactured in China by Foxconn, a Taiwanese electronics giant. Foxconn has been expanding its operations outside of China to mitigate risks associated with U.S. tariffs. Apple plans to assemble advanced servers, previously manufactured outside the U.S., at a new 250,000-square-foot facility in Houston, which is expected to open next year and create thousands of jobs. As part of its broader strategy, Apple plans to expand its data center operations in Arizona, Iowa, Nevada, North Carolina, and Oregon. The company describes this $500 billion investment as its "largest-ever spend commitment," which will support manufacturing facilities, data centers, entertainment productions, and other initiatives. Over the next four years, Apple aims to hire 20,000 people, primarily in roles related to R&D, silicon engineering, software development, and AI and machine learning. This new commitment follows previous announcements where Apple pledged $430 billion in U.S. investments, creating 20,000 jobs, and a $350 billion contribution to the U.S. economy over five years made during Trump's presidency.

Apple's Bold Move: $500 Billion US Investment Announced

Apple's groundbreaking $500 billion investment in the United States over the next four years marks its largest-ever financial commitment to American innovation and manufacturing. This bold move underscores Apple's dedication to advancing high-skilled manufacturing, artificial intelligence (AI), and silicon engineering. With plans to expand facilities across multiple states, including Texas, Michigan, and California, Apple is set to create thousands of jobs while fostering innovative research and development (R&D). The investment includes the establishment of a new 250,000-square-foot manufacturing facility in Houston, Texas, which will produce servers for Apple Intelligence, the company's advanced AI-powered personal assistant. This facility will not only enhance Apple's AI capabilities but also contribute to energy-efficient data centers powered by 100% renewable energy, aligning with Apple's commitment to environmental sustainability. Moreover, Apple's investment will have far-reaching effects on the U.S. economy, as it will support the growth of numerous suppliers, contractors, and small businesses across various sectors. By creating a robust ecosystem of innovation and manufacturing, Apple aims to strengthen the country's technological competitiveness on a global scale. As part of this initiative, Apple is doubling its U.S. Advanced Manufacturing Fund from $5 billion to $10 billion. This fund supports innovation in manufacturing and skills development, with a focus on producing advanced silicon chips in the United States. Apple's collaboration with TSMC's Fab 21 facility in Arizona is a prime example, where mass production of Apple silicon chips has already begun. These chips are designed to deliver exceptional performance and energy efficiency across Apple devices, further solidifying the company's leadership in technology innovation. The increased investment in the Advanced Manufacturing Fund will enable Apple to expand its partnerships with American suppliers and manufacturers, fostering the development of innovative technologies and production techniques. By investing in domestic manufacturing capabilities, Apple aims to reduce its reliance on overseas production and strengthen the resilience of its supply chain. Apple's $500 billion investment will roll out over the next four years, with the Houston manufacturing facility slated to open in 2026. The company's Advanced Manufacturing Fund will immediately begin supporting projects across the U.S., while the new Apple Manufacturing Academy in Detroit will offer free courses to businesses and workers starting later this year. These initiatives are designed to be accessible to a wide range of participants, from small businesses to large-scale manufacturers, ensuring that the benefits of Apple's investment are felt nationwide. The Apple Manufacturing Academy will play a crucial role in developing the skills necessary for the future of manufacturing. By offering free courses and training programs, Apple aims to empower workers and businesses with the knowledge and expertise required to thrive in an increasingly technology-driven economy. This investment in human capital will help bridge the skills gap and ensure that the U.S. workforce remains competitive in the global marketplace. Beyond manufacturing and AI, Apple's investment extends to education and skills development. The company's New Silicon Initiative is preparing students for careers in hardware engineering and chip design, while partnerships with organizations like 4-H and Boys & Girls Clubs of America aim to teach coding and other vital skills to young innovators. These initiatives demonstrate Apple's commitment to nurturing the next generation of innovators and ensuring a strong pipeline of talent for the future. Additionally, Apple's ongoing R&D efforts promise to deliver groundbreaking advancements in software, hardware, and machine learning. By investing in innovative technologies such as augmented reality, machine vision, and natural language processing, Apple aims to transform the way we interact with technology and unlock new possibilities for businesses and consumers alike. Apple's $500 billion investment in the United States is a testament to the company's unwavering commitment to American innovation and its belief in the country's potential as a global leader in technology and manufacturing. By creating jobs, fostering skills development, and driving technological progress, Apple is not only investing in its own future but also in the future of the United States. This monumental investment sets the stage for transformative growth and positions the country at the forefront of the digital revolution.

Apple plans to invest $500 billion in the US over the next four years

Apple plans to ramp up its US hiring and investments. On Monday, the company said it will hire around 20,000 workers and spend over $500 billion in the US over the next four years. In 2021, several months after former President Biden took office, Apple said it would invest $430 billion domestically over the following five years. Bloomberg notes today's announcement marks an added $39 billion in spending and an extra 1,000 jobs annually over its previous numbers. The newly announced package will include a new manufacturing facility in Houston to build servers for Apple Intelligence, which has increasingly become central to the company's plans and advertising campaigns. The Private Cloud Compute servers that handle Apple Intelligence's more complex server-AI queries use Apple M-series chips, which are still produced in Taiwan. Apple said most of the 20,000 new jobs will focus on R&D, AI and machine learning, silicon engineering and software development. The company will also expand its data center capacity in North Carolina, Iowa, Oregon, Arizona and Nevada to help meet Apple Intelligence's growing backend needs. The company will also open an Apple Manufacturing Academy in Detroit, where its engineers will work alongside "experts from top universities such as Michigan State" to consult with small and medium-sized businesses on implementing AI and smart manufacturing techniques. Apple will also offer free in-person and online skills development courses. It already runs a Developer Academy in the Motor City. The announcement follows a meeting between Tim Cook and President Donald Trump last week at the White House. Trump implied that Apple was making additional investments to avoid tariffs due to the iPhone maker's heavy reliance on manufacturing in China. "They don't want to be in the tariffs," Trump said after the meeting. Apple hasn't said whether investments are related to tariffs, instead framing them as a sign of confidence in the nation's ability to innovate. "We are bullish on the future of American innovation, and we're proud to build on our long-standing US investments with this $500 billion commitment to our country's future," Cook said in a press release.

Apple Announces Over USD 500 Billion US Investment, Expands AI and Manufacturing Efforts

Apple supports over 2.9 million US jobs through direct employment and suppliers. Apple announced on Monday that it will spend more than USD 500 billion in the United States over the next four years. The company's largest spending commitment comes after Apple's CEO held a meeting with the President of the United States last week. The investment will support AI development, silicon engineering, advanced manufacturing, and workforce training. Also Read: Apple Launches First Set of Intelligence Features for iPhone, iPad, and Mac Users According to the company, this pledge builds on Apple's long history of investing in American innovation and advanced high-skilled manufacturing and will support a wide range of initiatives across the country. "We are bullish on the future of American innovation, and we're proud to build on our long-standing US investments with this USD 500 billion commitment to our country's future," said Apple's CEO. "From doubling our Advanced Manufacturing Fund, to building advanced technology in Texas, we're thrilled to expand our support for American manufacturing. And we'll keep working with people and companies across this country to help write an extraordinary new chapter in the history of American innovation." The USD 500 billion commitment includes Apple's work with thousands of suppliers across all 50 states, direct employment, Apple Intelligence infrastructure and data centers, corporate facilities, and Apple TV+ productions in 20 states. As part of this package of US investments, Apple and its partners will open a new advanced manufacturing facility in Houston to produce servers that support Apple Intelligence, the personal intelligence system that helps users write, express themselves, and get things done. Apple will also double its US Advanced Manufacturing Fund, create an academy in Michigan to train the next generation of US manufacturers, and grow its research and development investments in the US to support fields like silicon engineering. Apple reiterated that it remains one of the US taxpayers, having paid more than USD 75 billion in US taxes over the past five years, including USD 19 billion in 2024 alone. Currently, Apple supports more than 2.9 million jobs across the country through direct employment, work with US-based suppliers and manufacturers, and developer jobs in the iOS app economy. Also Read: Apple Reportedly Working With Broadcom to Develop New AI Chip New Houston Manufacturing Facility: Apple will open a 250,000-square-foot plant in 2026 to produce AI-optimized servers, creating thousands of jobs. "Previously manufactured outside the US, the servers that will soon be assembled in Houston play a key role in powering Apple Intelligence, and are the foundation of Private Cloud Compute, which combines powerful AI processing with the most advanced security architecture ever deployed at scale for AI cloud computing," Apple said, noting that teams at Apple designed the servers to be energy efficient, reducing the energy demands of Apple data centers -- which already run on 100 percent renewable energy. As Apple brings Apple Intelligence to customers across the US, the company plans to continue expanding data center capacity in North Carolina, Iowa, Oregon, Arizona, and Nevada. Doubling Advanced Manufacturing Fund: Apple announced that it is doubling its US Advanced Manufacturing Fund, which was created in 2017. The commitment will now increase from USD 5 billion to USD 10 billion, including a multibillion-dollar investment to produce advanced silicon at TSMC's Fab 21 facility in Arizona. Mass production of Apple chips began last month. Apple's suppliers already manufacture silicon in 24 factories across 12 states, including Arizona, Colorado, Oregon, and Utah. Apple said its investment in the sector also helps create thousands of jobs across the US in companies like Broadcom, Texas Instruments, Skyworks, and Qorvo. So far, Apple's US Advanced Manufacturing Fund has supported projects in 13 states, including Kentucky, Pennsylvania, Texas, and Indiana, the company said on Monday. Also Read: Meta Announces USD 10 Billion AI Data Center in Louisiana Expanding US R&D: Apple said it has nearly doubled its US-based advanced R&D spending and will continue to accelerate its growth. Over the next four years, Apple plans to hire 20,000 people, focusing on R&D, silicon engineering, software development, and AI and machine learning. Apple Manufacturing Academy in Detroit: To help companies transition to advanced manufacturing, Apple will open the Apple Manufacturing Academy in Detroit. The academy will offer training programs for small businesses and workers in AI-driven advanced manufacturing techniques.

Apple pledges to spend $500 billon in the US over the next few years

Servers, currently built out of the country, will be manufactured in Houston Apple has committed to spending $500 billion over the next four years to invest in its facilities and operations across the US, marking its largest ever commitment in the States. Central to the announcement is Apple's intention to support US manufacturing - something that President Trump is keen to do as he looks to reduce the country's reliance on China, which has been a longstanding manufacturing partner for almost all companies. Michigan, Texas, California, Arizona, Nevada, Iowa, Oregon, North Carolina and Washington will all benefit from the Cupertino giant's cash. Over the next four years, the $3.69 trillion company (and currently the world's most valuable company) is set to invest half a trillion dollars into the States, which equates to roughly one year's revenue given that the company posted a 4% year-over-year rise in quarterly revenue to $124.3 billion in the three months ending December 28, 2024. CEO Tim Cook said: "We are bullish on the future of American innovation, and we're proud to build on our long-standing U.S. investments with this $500 billion commitment to our country's future." Key to the announcement is a 250,000-square-foot server manufacturing facility in Houston, Texas, where Apple Intelligence-supporting servers are set to be built. Until now, servers have been manufactured outside of the US. Data center capacity in North Carolina, Iowa, Oregon, Arizona and Nevada will also follow as the iPhone maker looks to power its AI. Apple will also double its US Advanced Manufacturing Fund from $5 billion to $10 billion and increase R&D spend, which it says is important given the launch of its new C1 cellular modem - its first in-house effort. Looking ahead, Apple says it will focus on R&D, silicon engineering, software development, and AI and machine learning roles over the next four years, hiring an estimated 20,000 new workers on top of the 2.9 million jobs it currently supports in the US.

Apple announces $500bn in US investments over next four years

Spending ranges from new AI server factory in Texas to film and TV content and may add 20,000 jobs Apple said on Monday it would spend $500bn in US investments in the next four years that will include a giant factory in Texas for artificial intelligence servers and add about 20,000 research and development jobs across the country in that time. That $500bn in expected spending includes everything from purchases from US suppliers to US filming of television shows and movies for its Apple TV+ service. The company declined to say how much of the figure it was already planning to spend with its US supply base, which includes firms such as Corning that makes glass for iPhones in Kentucky. The move comes after media reports that the Apple CEO, Tim Cook, met President Donald Trump last week. Many of Apple's products that are assembled in China could face 10% tariffs imposed by Trump earlier this month, though the iPhone maker had secured some waivers from China tariffs in the first Trump administration. Apple made a similar announcement about its US spending plans in 2018, during the first Trump administration, when it said its new and ongoing investments would contribute $350bn to the US economy over five years. Trump, in a Truth Social post, thanked Apple and Cook, saying the move reflected the company's faith in his administration. Most of Apple's consumer products are assembled outside the US, though many of Apple components are still made there, including chips from Broadcom, SkyWorks Solutions and Qorovo. Apple said it last month started mass-producing chips of its own design at an Arizona factory owned by Taiwan Semiconductor Manufacturing Co (TSMC). Bringing TSMC to Arizona and helping introduce legislation that later became the Chips Act to bolster US semiconductor production were two of Trump's biggest industrial policy moves during his first term. Apple said on Monday it will work with Foxconn, formally known as Hon Hai Precision Industry, to build a 250,000-square-foot facility in Houston, where it will assemble servers that go into data centers to power Apple Intelligence, its suite of AI features that help draft emails and perform other tasks. Those servers are currently made outside of the US, Apple said. Apple said it plans to increase its Advanced Manufacturing Fund from $5bn to $10bn, with part of the expansion being a "multibillion-dollar commitment from Apple to produce advanced silicon" at TSMC's Arizona factory. Apple did not disclose details of its deal with TSMC, but it has in the past used the fund to help partners build out the infrastructure needed to deliver products or services for Apple. Apple will also open a manufacturing academy in Michigan where its engineers, along with local university staff, will offer free courses for small and mid-sized manufacturing firms in areas such as project management and manufacturing process optimization.

Apple to build AI servers in Houston and spend $500 billion in U.S.

Days after its CEO met with President Donald Trump, Apple said Monday that it planned to spend $500 billion in the United States over the next four years, hire 20,000 people and open a new factory in Texas to make the machines that power the company's push into artificial intelligence. "We are bullish on the future of American innovation, and we're proud to build on our long-standing U.S. investments," Tim Cook, Apple's CEO, said in a statement. Cook met with Trump last week. After that meeting, Trump said that the company would shift production to the United States: "They're going to build here instead because they don't want to pay the tariffs," Trump said in a speech to a gathering of governors. Most iPhones are manufactured in China by Taiwanese electronics giant Foxconn. This month, U.S. tariffs of 10% on all Chinese products took effect. Levies on imports from Canada, Mexico and other major trading partners could be imposed in the coming weeks. Foxconn has spent millions of dollars over the past two years building up its operations outside of China, including in Texas, and in Mexico, where the company already assembles AI servers. The company's chair previously said this expanded footprint would help insulate Foxconn against U.S. tariffs. Apple said it would begin assembling advanced servers "previously manufactured outside the U.S." at a new, 250,000-square-foot facility in Houston. The facility is slated to open next year, Apple said, and "will create thousands of jobs." As the company rolls out AI features in its devices, it also plans to expand its data center operations in Arizona, Iowa, Nevada, North Carolina and Oregon. Apple described its announcement Monday as its "largest-ever spend commitment." The $500 billion would go toward manufacturing facilities, data centers, entertainment productions and other initiatives, the company said. Also over the next four years, the company plans to hire 20,000 people, primarily focused on "R&D, silicon engineering, software development, and AI and machine learning." Four years ago, a few months after President Joe Biden's inauguration, Apple announced an "acceleration" of its U.S. investments, pledging to spend $430 billion and add 20,000 jobs over five years. In January 2018, during Trump's first term, the company said its "direct contribution to the U.S. economy" would be $350 billion over five years and that it planned to create 20,000 jobs over that period. Apple did not immediately respond to a request for comment.

Apple announces $500bn investment in the US

As part of the investment, Apple says 20,000 jobs will be created in the US over the next four years. Apple plans to invest more than $500bn in the US over the next four years, with a focus on accelerating its capabilities in artificial intelligence and silicon engineering. According to an announcement released today (24 February), the tech giant will open a new AI-focused manufacturing facility, double its US Advanced Manufacturing Fund, create a manufacturing academy, and grow its R&D pursuits. The new manufacturing facility, which will be located in Houston, Texas, will produce servers that support the company's AI offering Apple Intelligence. According to Apple, these servers were previously manufactured outside of the US. The 250,000 sq ft facility is expected to open next year and will create thousands of jobs. Meanwhile, the company's Advanced Manufacturing Fund will double from $5bn to $10bn and includes a multibillion-dollar commitment from Apple to produce advanced silicon in TSMC's Fab 21 facility in Arizona. Also announced was the Apple Manufacturing Academy which will open in Detroit and aims to help companies transition to advanced manufacturing. According to the press release, Apple engineers and university experts will consult with small- and medium-sized businesses on implementing AI and "smart manufacturing techniques". Along with the massive investment, Apple plans to hire 20,000 people over the four years. Apple says these new roles will be focused on R&D, silicon engineering, software development, and AI and machine learning. "We are bullish on the future of American innovation, and we're proud to build on our long-standing US investments with this $500bn commitment to our country's future," said Apple CEO Tim Cook. "From doubling our Advanced Manufacturing Fund, to building advanced technology in Texas, we're thrilled to expand our support for American manufacturing." The announcement comes after Cook met with US president Donald Trump last week. According to multiple US media outlets, it is believed that the massive investment and heightened focus on US facilities is in response to the Trump administration's assortment of trade tariffs, which include a 10pc tariff on goods imported from China - where a considerable amount of Apple's products are produced. However, amid rising tensions between the US and China over the past few years, Apple has been gradually moving its business out of China. While Apple is upping the ante on its AI features and services, the company recently faced criticism regarding its AI technology. Just last month, the company temporarily paused its AI notification feature for news and entertainment platforms after facing serious backlash from the BBC over the generation of false alerts. Just a few weeks prior, Reporters Without Borders called for a suspension of GenAI services like Apple Intelligence following a false Luigi Mangione news alert. The company is set to introduce changes to their notification summaries, in order to allow for greater transparency. Don't miss out on the knowledge you need to succeed. Sign up for the Daily Brief, Silicon Republic's digest of need-to-know sci-tech news.

Apple to Invest $500 Billion in US, Create 20,000 Jobs Over Next 4 Years

The 2,50,000-square-foot facility, scheduled to open in 2026, is slated to create thousands of jobs. Apple has announced plans to invest over $500 billion in the United States over the next four years. The investment will support artificial intelligence (AI), silicon engineering, manufacturing, and workforce development across multiple states, including Michigan, Texas, California, Arizona, Nevada, Iowa, Oregon, North Carolina, and Washington. "We are bullish on the future of American innovation, and we're proud to build on our long-standing US investments with this $500 billion commitment to our country's future," said Apple CEO Tim Cook. As part of its investment, Apple will open a new manufacturing facility in Houston to produce servers for Apple Intelligence. The 2,50,000-square-foot facility, scheduled to open in 2026, is slated to create thousands of jobs. Apple is also expanding its data centre capacity in North Carolina, Iowa, Oregon, Arizona, and Nevada to support its AI infrastructure. Over the next four years, Apple plans to hire approximately 20,000 employees, primarily in R&D, silicon engineering, software development, AI, and machine learning. The investment will support Apple's research hubs across the country. Apple will double its US Advanced Manufacturing Fund from $5 billion to $10 billion. The fund, established in 2017, supports innovation and high-skilled manufacturing jobs. Apple has committed several billion dollars to producing advanced silicon at Taiwan Semiconductor Manufacturing Company's (TSMC) Fab 21 facility in Arizona. The facility employs over 2,000 workers and began mass production of Apple chips last month. Apple's suppliers manufacture silicon in 24 factories across 12 states, including Arizona, Colorado, Oregon, and Utah. The company collaborates with US firms such as Broadcom, Texas Instruments, Skyworks, and Qorvo to strengthen domestic semiconductor production. The company said in the past five years, it has nearly doubled its US-based R&D spending and plans further growth. Apple recently introduced the iPhone 16e, featuring the A18 chip and Apple C1, its first in-house cellular modem. Apple will open the Apple Manufacturing Academy in Detroit to support small- and medium-sized businesses transitioning to advanced manufacturing. The academy, which will run in collaboration with Michigan State University and industry experts, will offer free in-person and online courses on project management and manufacturing process optimisation. Apple continues to support workforce education through grants to organisations such as 4-H, Boys & Girls Clubs of America, and FIRST. The company's New Silicon Initiative (NSI), which aims to prepare students for careers in chip design, now includes eight schools and will expand through a collaboration with the University of California, Los Angeles' Centre for Education of Microchip Designers.

Apple to Build A.I. Servers in Houston and Spend $500 Billion in U.S.

Days after its chief executive met with President Trump, Apple said on Monday that it planned to spend $500 billion in the United States over the next four years, hire 20,000 people and open a new factory in Texas to make the machines that power the company's push into artificial intelligence. "We are bullish on the future of American innovation, and we're proud to build on our longstanding U.S. investments," Tim Cook, Apple's chief executive, said in a statement. Mr. Cook met with President Trump last week. After that meeting, Mr. Trump said that the company would shift production to the United States: "They're going to build here instead because they don't want to pay the tariffs," Mr. Trump said in a speech to a gathering of governors. Most iPhones are manufactured in China by the Taiwanese electronics giant Foxconn. Earlier this month, U.S. tariffs of 10 percent on all Chinese products took effect. Levies on imports from Canada, Mexico and other major trading partners could be imposed in the coming weeks. Foxconn has spent millions of dollars over the past two years building up its operations outside of China, including in Texas, and in Mexico, where the company already assembles A.I. servers. The company's chairman previously said that this expanded footprint would help insulate Foxconn against U.S. tariffs. Apple said it would begin assembling advanced servers "previously manufactured outside the U.S." at a new, 250,000-square-foot facility in Houston. The facility is slated to open next year, Apple said, and "will create thousands of jobs." As the company rolls out A.I. features in its devices, it also plans to expand its data center operations in Arizona, Iowa, Nevada, North Carolina and Oregon. Apple described its announcement on Monday as its "largest-ever spend commitment." The $500 billion would go toward manufacturing facilities, data centers, entertainment productions and other initiatives, the company said. Also over the next four years, the company plans to hire 20,000 people, primarily focused on "R&D, silicon engineering, software development, and AI and machine learning." Four years ago, a few months after President Joseph R. Biden Jr.'s inauguration, Apple announced an "acceleration" of its U.S. investments, pledging to spend $430 billion and add 20,000 jobs over five years. In January 2018, during Mr. Trump's first term, the company said that its "direct contribution to the U.S. economy" would be $350 billion over five years and that it planned to create 20,000 jobs over that period. Apple did not immediately respond to a request for comment.

Apple Plans $500B Investment in US, Including AI Server Factory in Texas

Apple (AAPL) announced on Monday plans to spend more than $500 billion in the U.S. over the next four years on a swath of investments, including hiring 20,000 new workers to make artificial intelligence servers in a new Texas-based factory. Apple called the investment plan its "largest-ever spend committment." It announced plans to open -- with partners -- a new factory in Houston, Texas, that will build AI servers previously made outside the U.S. and create a manufacturing academy in Michigan. The iPhone maker said the investment would also fund the acceleration of investments in AI and research & development into silicon engineering as well as double the size of its U.S. advanced manufacturing fund -- which supports "innovation and high-skilled manufacturing" jobs in the country -- to $10 billion. The plan by the iPhone maker comes as U.S. President Donald Trump threatens tariffs on imports from Mexico and Canada, and hiked those on Chinese products to incentivise companies to produce goods domestically. Apple said it plans to hire around 20,000 people in the next four years for the Houston facility, most of whom will be focused on R&D, silicon engineering, software development, and AI and machine learning. Apple said the 250,000-square-foot Texas factory will play a "key role" in powering its Apple Intelligence AI model and will open in 2026. As part of the manufacturing fund, meanwhile, Apple said it has made a "multibillion-dollar commitment" to make advanced chips in Taiwan Semiconductor Manufacturing Co.'s (TSM) Arizona plant. Apple shares are falling around 0.51% in premarket trading and have gained more than 30% in the 12 months through Friday.

Apple plans $500 billion in US investment in next 4 years

STORY: Apple said on Monday it would spend $500 billion in U.S. investments in the next four years. The money will fund a giant factory in Texas for artificial intelligence servers and 20,000 research and development jobs across the country in that time. It is also expected to cover spending on everything from purchases from U.S. suppliers to filming of television shows and movies for its Apple TV+ service. Apple declined to say how much of the figure it was already planning to spend in the country. The move comes after media reports that Apple CEO Tim Cook met President Donald Trump last week. Many of Apple's products that are assembled in China could face 10% tariffs imposed by Trump earlier this month, though the iPhone maker had secured some waivers from China tariffs in the first Trump administration. One analyst tells Reuters this is a political gesture toward the Trump administration. Apple made a similar announcement about its U.S. spending plans in 2018, during the first Trump administration. Trump, in a Truth Social post, thanked Apple and Cook, saying the move reflected the company's faith in his administration. Shares of Apple were up fractionally in late morning trading.

Apple announces $500-billion investment in US manufacturing: AI factory, 20,000 jobs planned

Apple has announced a $500-billion investment to expand its manufacturing capacity in the US. This includes an AI-focused factory in Houston and a manufacturing academy in Detroit. The initiative, unveiled just days after CEO Tim Cook's meeting with Donald Trump, is expected to create 20,000 jobs. Analysts view this as a strategic move to mitigate the impact of Trump's proposed tariff hikes.Apple has announced a massive $500 billion investment plan to enhance the United States' manufacturing capabilities. This initiative aims to strengthen its AI infrastructure while potentially shielding the company from the impact of tariff increases proposed by Trump. The tech giant will construct a new 250,000-square-foot factory in Houston, Texas, dedicated to Apple Intelligence AI systems. Additionally, a manufacturing academy will be established in Detroit to help small- and medium-sized enterprises adopt AI-driven production techniques, stated a Barron's report. The investment will involve hiring 20,000 employees over the next four years, with most roles focused on research and development, software engineering and AI rather than traditional manufacturing, according to the report. Apple currently employs 2.9 million people in the United States, meaning this expansion represents less than a 0.7% increase in its total workforce. The announcement reportedly came just days after Apple CEO Tim Cook met with President Donald Trump at the White House. Trump allegedly claimed that Apple's decision reflected confidence in his administration's policies, while also reaffirming his intention to raise import tariffs. Also Read : Drake's Brisbane concert chaos: Fans complain about long queues, no toilets and poor venue management Some analysts believe the investment could be a means for Apple to seek tariff exemptions, similar to those granted during Trump's first term. Wedbush analyst Dan Ives told Barron's that the move highlights Apple's strategy of diversifying its manufacturing while aligning with Trump's pro-US investment stance. He added that Cook continues to demonstrate that he is "10% politician and 90% CEO." Despite the sizeable investment, Apple's stock fell by 0.6% in early trading, indicating investor concerns about the financial feasibility of the plan. It remains unclear how much of the $500 billion represents new spending. In 2018, Apple pledged $350 billion for US expansion, later increasing the figure to $430 billion by 2021. This included investments in its North Carolina research campus, where construction was halted last year. The Houston facility is expected to become Apple's largest assembly plant in the United States, bringing thousands of jobs. However, key components -- such as essential chips -- will still be manufactured overseas and remain subject to tariffs. Apple also announced that its US Advanced Manufacturing Fund will double from $5 billion to $10 billion. This fund supports Apple's suppliers in advanced manufacturing research and development, according to Barron's. Also Read : Luka Modric's future at Real Madrid: Here's what Carlo Ancelotti says about veteran footballer Meanwhile, Apple has not provided specific funding details for the Detroit-based Apple Manufacturing Academy, describing it as an initiative to help businesses integrate AI and smart manufacturing into their operations. 1. What is the objective of Apple's $500 billion investment? Apple aims to expand its manufacturing capacity in the United States, particularly in AI infrastructure. The investment includes a factory in Houston, which will develop Apple Intelligence servers, and a manufacturing academy in Detroit. 2. Will all 20,000 new jobs be in manufacturing? No, most of the new jobs will be in research and development, software engineering, and AI, rather than direct manufacturing.

Apple promises $500 billion in US investment in wake of tariff threats

On Monday, Apple announced plans to invest more than $500 billion in the US over the next four years. This is the "largest-ever" spending commitment that Apple has made in the US, supporting "a wide range of initiatives" focused on artificial intelligence, chip manufacturing, advanced research and development, and worker training. About 20,000 jobs will be created over those four years, Apple said, "of which the vast majority will be focused on R&D, silicon engineering, software development, and AI and machine learning." Apple's plans include building a 250,000-square-foot server-manufacturing facility in Houston -- which will open in 2026 and "play a key role in powering Apple Intelligence" and supporting AI cloud computing, Apple said. The tech giant will also "continue expanding data center capacity in North Carolina, Iowa, Oregon, Arizona, and Nevada," Apple's blog said. Perhaps most significant among investments is the plan to double Apple's US Advanced Manufacturing Fund (AMF). That fund largely promotes "advanced manufacturing and skills development," Apple said. But in spiking AMF investments from $5 to $10 billion, Apple also committed to spending several billion on advanced chips produced at an Arizona fab built by the Taiwan Semiconductor Manufacturing Company (TSMC). That plant is expected to help secure America's domestic supply of advanced chips, and Apple confirmed that "mass production of Apple chips" previously reliant on access to TSMC's Taiwan packaging facilities began last month in Arizona. In December, TSMC Arizona Chairman Rick Cassidy told CNBC that after moving past forecast delays, the Arizona fab is currently "right on par" with Taiwan fabs where CNBC noted "about 92 percent of the world's most advanced chips are currently made." Apple's investments could help redirect some of TSMC's Taiwanese business toward the US.

Apple to Invest $500 Billion in U.S. as Trump Tariffs Loom

Days after its chief executive met with President Trump, Apple said on Monday that it planned to spend $500 billion in the United States over the next four years, hire 20,000 people and open a new factory in Texas to make the machines that power the company's push into artificial intelligence. "We are bullish on the future of American innovation, and we're proud to build on our longstanding U.S. investments," Tim Cook, Apple's chief executive, said in a statement. Mr. Cook met with President Trump last week. After that meeting, Mr. Trump said that the company would shift production to the United States: "They're going to build here instead because they don't want to pay the tariffs," Mr. Trump said in a speech to a gathering of governors. Most iPhones are manufactured in China by the Taiwanese electronics giant Foxconn. Earlier this month, U.S. tariffs of 10 percent on all Chinese products took effect. Levies on imports from Canada, Mexico and other major trading partners could be imposed in the coming weeks. Foxconn has spent millions of dollars over the past two years building up its operations outside of China, including in Texas, and in Mexico, where the company already assembles A.I. servers. The company's chairman previously said that this expanded footprint would help insulate Foxconn against U.S. tariffs. Apple said it would begin assembling advanced servers "previously manufactured outside the U.S." at a new, 250,000-square-foot facility in Houston. The facility is slated to open next year, Apple said, and "will create thousands of jobs." As the company rolls out A.I. features in its devices, it also plans to expand its data center operations in Arizona, Iowa, Nevada, North Carolina and Oregon. Apple described its announcement on Monday as its "largest-ever spend commitment." The $500 billion would go toward manufacturing facilities, data centers, entertainment productions and other initiatives, the company said. Also over the next four years, the company plans to hire 20,000 people, primarily focused on "R&D, silicon engineering, software development, and AI and machine learning." Four years ago, a few months after President Joseph R. Biden Jr.'s inauguration, Apple announced an "acceleration" of its U.S. investments, pledging to spend $430 billion and add 20,000 jobs over five years. In January 2018, during Mr. Trump's first term, the company said that its "direct contribution to the U.S. economy" would be $350 billion over five years and that it planned to create 20,000 jobs over that period. Apple did not immediately respond to a request for comment.

Apple announces $500 billion investment in U.S. over next four years

The tech giant says it plans to create 20,000 jobs, build a manufacturing hub in Texas, and accelerate investments in AI and other technology. Apple announced Monday that it will invest more than $500 billion in the United States over the next four years, which includes plans to create 20,000 jobs, open a manufacturing hub in Houston and boost investment in artificial intelligence. "We are bullish on the future of American innovation," Apple chief executive Tim Cook said in a news release. This is a developing story and will be updated.

Apple plans Texas factory for AI servers, 20,000 research jobs

Apple said that it plans to spend $500 billion in the United States over the next four years, though that figure includes everything from purchases from U.S. suppliers to U.S. filming of television shows and movies for its Apple TV+ service. The company declined to say how much of the figure it was already planning to spend with its existing U.S. supply base, which includes firms such as Corning, which makes glass for iPhones in Kentucky.Apple on Monday said it plans to help bring online a quarter-million-square-foot factory in Texas by 2026 to build artificial intelligence servers and will add about 20,000 research and development jobs across the US Apple said that it plans to spend $500 billion in the United States over the next four years, though that figure includes everything from purchases from US suppliers to US filming of television shows and movies for its Apple TV+ service. The company declined to say how much of the figure it was already planning to spend with its existing US supply base, which includes firms such as Corning, which makes glass for iPhones in Kentucky. The move comes after media reports that Apple Chief Executive Tim Cook met with President Donald Trump last week. Many of Apple's products that are assembled in China could face 10% tariffs imposed by Trump earlier this month, though the iPhone maker previously secured some waivers from China tariffs during the first Trump administration. Apple made a similar announcement about its US spending plans during the first Trump administration, at that time saying it planned $350 billion over five years. Most of Apple's consumer products are assembled outside the US, though many of Apple components are still made there, including chips from Broadcom, SkyWorks Solutions and Qorovo. Apple also said that it last month started mass producing chips of its own design at an Arizona factory owned Taiwan Semiconductor Manufacturing Co (TSMC). Bringing TSMC to Arizona and helping introduce legislation that later became the CHIPS Act to bolster US semiconductor production were two of Trump's biggest industrial policy moves during his first term. Apple said on Monday that it will work with Hon Hai Precision Industry's Foxconn to build a 250,000-squre-foot facility in Houston, where it will assemble servers that go into data centers to power Apple Intelligence, its suite of AI features that help draft emails and perform other tasks. Those servers are currently made outside of the US, Apple said. Apple also said it plans to increase its Advanced Manufacturing Fund from $5 billion to $10 billion, with part of the expansion being a "multibillion-dollar commitment from Apple to produce advanced silicon" at TSMC's Arizona factory. Apple did not disclose details of its deal with TSMC, but it has in the past used the fund to help partners build out the infrastructure needed to deliver products or services for Apple. Apple will also open a manufacturing academy in Michigan where its engineers, along with local university staff, will offer free courses for small and mid-sized manufacturing firms in areas such as project management and manufacturing process optimization.

Apple will invest $500 billion in the U.S. with a focus on AI

Apple (AAPL+0.03%) said Monday that it will invest $500 billion in the United States over the next four years, with a focus on supporting domestic manufacturing and artificial intelligence. The Cupertino, California-based technology giant plans to open a massive manufacturing plant in 2026 that will produce servers, hire thousands of workers across a variety of fields, and launch a new education initiative. Apple also said it was committed to expanding its data centers across the U.S., which are vital for its ambitious AI plans. "We are bullish on the future of American innovation, and we're proud to build on our long-standing U.S. investments with this $500 billion commitment to our country's future," Apple CEO Tim Cook said in a statement. "And we'll keep working with people and companies across this country to help write an extraordinary new chapter in the history of American innovation."

Apple says to invest $500 bn in US over four years, hire 20,000 staff

Washington (AFP) - Apple said on Monday it will spend more than $500 billion in the United States over the next four years and hire 20,000 staff, with President Donald Trump quickly taking credit for the announcement. The Silicon Valley-based giant said it was its "largest-ever spend commitment," which comes as tech companies battle for dominance in developing artificial intelligence technology. Trump, who has pushed US companies to shift manufacturing home, claimed that his administration was to thank for the investment. "The reason, faith in what we are doing, without which, they wouldn't be investing ten cents. Thank you Tim Cook and Apple!!!" Trump wrote in capital letters on his Truth Social platform. Apple said its 20,000 new hires would mostly focus on research and development, silicon engineering, software development, and AI and machine learning. It announced plans to open a new manufacturing facility in Houston, Texas, in 2026 that will assemble servers that "play a key role in powering Apple Intelligence" -- part of the company's AI products -- and would create "thousands of jobs." An Apple Manufacturing Academy in Detroit is also on the cards to "help companies transition to advanced manufacturing." "We are bullish on the future of American innovation, and we're proud to build on our long-standing US investments with this $500 billion commitment to our country's future," Apple's CEO Tim Cook said in a statement. Apple's suppliers already manufacture silicon in 24 factories across 12 states, including Arizona, Colorado, Oregon, and Utah. Boosting spending In January, Cook hailed Apple's "best quarter ever" as it recorded $36.3 billion in quarterly profits. The Americas remained Apple's largest market with $56.2 billion in revenue, while Europe showed strong growth at $33.9 billion. The company hopes that customers are attracted to buy the latest iPhone models by its new AI powers. Along with Apple, other tech giants such as Google, Microsoft and Amazon are convinced that generative AI's powers are the next chapter of computing and are hiking spending to avoid being left behind. Monday's announcement comes days after Trump said that Apple plans to invest "hundreds of billions of dollars" in the United States as he trumpeted the success of his tariff plan in boosting the American economy. Trump suggested that more companies also planned greater investment in the United States, without giving any names. The Republican president has wielded tariffs -- customs duties on imported goods -- as a trade weapon, imposing 10 percent levies on goods from China and threatening them on products including semiconductors, cars and pharmaceuticals. His administration argues that the higher costs will encourage companies to manufacture in the United States instead. Critics say that tariffs could raise prices for consumers.

Apple's $500bn US bet: Decoding iPhone maker's billion-dollar pledge and Trump ties

Apple has announced its largest-ever US investment, pledging over $500 billion in the next four years to boost AI, silicon engineering, and advanced manufacturing in the US. In an official Apple Blog Post, CEO Tim Cook emphasised Apple's commitment to American innovation.The move follows Trump's claim that Apple CEO Tim Cook promised to shift manufacturing from Mexico to the US to avoid tariffs. This, along with Apple's new investment, comes as Trump threatens tariffs that could raise iPhone prices.Watch!

Apple's response to trade tariffs? $500 billion and thousands of new jobs for the US

Apple has announced it is making a $500 billion investment in the US over the next four years. The company said it plans to create 20,000 new jobs, launch a new server factory in Texas, and in general, grow its role in US manufacturing. This is a big commitment to expand operations in the US, and it seemingly comes as a response to trade tariffs. Last week, Apple CEO Tim Cook met with President Donald Trump and governors at the White House. Trump later told the press that Apple is investing hundreds of billions of dollars, likely in the US. Now, the company has made the investment official, and many see it as a move to shield Apple from the potential impact of rising tariffs, such as the 10% tariff on Chinese imports and the looming 25% tariff on chips. Also: The head of US AI safety has stepped down. What now? The investment includes plans to open a new server factory in Houston, Texas. The 250,000-square-foot facility, set to open in 2026, will produce servers to support Apple's cloud services and AI features, including Apple Intelligence, which are expected to grow in the coming years. Apple says the new factory will create "thousands of jobs," according to its press release. In addition to the new factory, Apple is doubling its US Advanced Manufacturing Fund from $5 billion to $10 billion. Established in 2017, the fund is designed to "support world-class innovation and high-skilled manufacturing jobs across America." A significant part of this expansion includes a multibillion-dollar order for chips from TSMC's Arizona factory. Also: 7 products you shouldn't buy from Apple this month (and what to get instead) Apple is also hiring 20,000 new employees across the US, with many of these roles focused on research and development, software engineering, and AI, including machine learning. Apple has also pledged to open an Apple Manufacturing Academy in Detroit to "train the next generation of US manufacturers." The academy will offer consultations and free courses for workers looking to build new skills like smart manufacturing techniques and AI. "We are bullish on the future of American innovation, and we're proud to build on our long-standing US investments with this $500 billion commitment to our country's future," said Cook in a statement. "From doubling our Advanced Manufacturing Fund, to building advanced technology in Texas, we're thrilled to expand our support for American manufacturing." All in all, this latest investment is part of Apple's long-term strategy to support American jobs and innovation. It's worth noting that in 2018, during the first Trump administration, Apple made a similar commitment to invest $350 billion in the US and create 20,000 new jobs, which included the construction of a new campus in Austin, Texas, that's still being built today. Also: If you need a new laptop, you might want to buy it now - here's why However, this new investment comes at a time when Apple is navigating challenges in the global trade environment, and it appears to be a strategic move to address these issues while continuing to expand its facilities, workforce, and manufacturing capabilities in the US.

Apple commits $500B to US manufacturing, including a new AI server facility in Houston | TechCrunch

The U.S. government is leaning hard on tech companies to make more commitments to building their businesses in the country, and Big Tech is falling in line. On Monday, Apple laid out its own plans in that area: it will spend $500 billion over the next four years in areas like high-end manufacturing, engineering, and education covering technologies like artificial intelligence and chip making. Big projects will include a new factory in Houston, TX, to produce servers that support Apple's company's in-house AI effort, Apple Intelligence; doubling the value of Apple's U.S. Advanced Manufacturing Fund to $10 billion; a new academy in Michigan to train people to work in next-generation factories; and more R&D. Some of this is not "new" news. Apple has worked for years with thousands of suppliers across the U.S. in areas like chip making -- currently 24 factories across 12 states -- alongside directly employing people in the country. Globally, Apple employs 164,000 people, according to recent filings. It does not break out how many of them are in the U.S. specifically. It said today it plans to hire another 20,000 people in the next four years. But again, it does not specify if these people will be in the U.S. or elsewhere. Nevertheless, Apple's news is significant because of what it underscores. First, there is the bigger effort that the U.S. has been making to expand its economic footing, specifically to remove some of the reliance that the U.S. currently has on ecosystems outside of the U.S. itself, such as China for manufacturing. The U.S. is waging a fairly drastic effort to shift investment in line with that, for example, by floating new tariffs on certain goods in an effort to drive more national production. Apple, as a major consumer electronics company, relies heavily on production outside of the U.S. The exercise of laying out plans to invest within the U.S. will not completely replace that, now or ever, but becomes a bone -- a very valuable bone -- that it can throw to show that it's making efforts too. Second, the focus on artificial intelligence in Apple's news today should be noted. The major server factory that it will be building will be focused on building machines that can handle AI compute. Similarly, the ecosystem fund and training budget are largely focused on skills and manufacturing of hardware that will be used in AI systems. Of note: it is not clear what kinds of tax breaks (if any) companies will get on the investments such as the ones Apple listed today. That will be top of mind for companies, their investors, and hopefully the U.S. public. Apple did note that it "remains one of the largest U.S. taxpayers, having paid more than $75 billion in U.S. taxes over the past five years, including $19 billion in 2024 alone." The news today, in any case, is being represented as Apple's own commitment to growing America's industry profile in the world. "We are bullish on the future of American innovation, and we're proud to build on our long-standing U.S. investments with this $500 billion commitment to our country's future," said Tim Cook, Apple's CEO, in a statement. "From doubling our Advanced Manufacturing Fund, to building advanced technology in Texas, we're thrilled to expand our support for American manufacturing. And we'll keep working with people and companies across this country to help write an extraordinary new chapter in the history of American innovation." One of the bigger specific projects announced today will be a new 250,000-square-feet AI server manufacturing facility in Houston -- taking on building services that up to now have been manufactured in other countries. Ground breaks later this year, and it will be completed by 2026, it said. The project is important not just in value but also intention: Apple is doubling down on how it believes AI will be used within its products and services. So the project is coming along with an expansion of server capacity in Apple's other data centers in North Carolina, Iowa, Oregon, Arizona, and Nevada. "Teams at Apple designed the servers to be incredibly energy efficient, reducing the energy demands of Apple data centers," Apple said, although it also claimed these are already run on renewable energy. The manufacturing fund, in contrast, will be used to help finance expansions for its partners, including a "multibillion-dollar commitment" to TSMC for advanced silicon made in the latter company's Fab 21 facility in Arizona. Apple said it is Fab 21's largest customer. Apple has not specified how much it has earmarked for educational initiatives aimed at training workforces -- although the costs of building factories or investing in frontier-level research and development are likely to be substantial. The first effort in that vein will be a new Apple Manufacturing Academy in Detroit, it said, where "Apple engineers, along with experts from top universities such as Michigan State," will work in consultation with SMBs to help them implement "AI and smart manufacturing techniques." That there are a large number of smaller businesses in that region that have worked in concert in other legacy industries like automotive, and it will be worth watching to see how and if they make the transition as envisioned.

Apple promises to spend $500B, hire 20K over next 4 years

Sorry, that should read: Boost US manufacturing and R&D, believe in the American people, etc etc As computer makers grapple with Trump's tariffs, Apple is doubling down on US manufacturing and research and development investments, announcing plans to spend $500 billion and hire 20,000 people over the next four years in America to support these efforts. The commitment, announced Monday, comes as the White House pushes through wave after wave of new tariffs on everything from Chinese imports to key commodities including steel and aluminum. The administration has also signaled steep import taxes on foreign-made semiconductors. These levies are likely to be passed onto American end buyers. Of course, Apple's announcement makes no reference to tariffs nor the Trump administration, with CEO Tim Cook issuing a canned statement touting the whole thing as an investment in the American people. "We are bullish on the future of American innovation and we're proud to build on our long-standing US investments with this $500 billion commitment to our country's future," Cook said in a release. However, many of the planned investments are clearly intended to insulate the iGiant from the Trump administration's infatuation with import taxes. Among all the stuff announced today is a manufacturing plan slated for Houston, Texas, which Apple says will produce AI-accelerating servers based on its in-house Arm-compatible silicon. While we don't know much about these servers nor the silicon that powers them just yet, the M-series silicon found in Apple's iPads and Macs has proven particularly potent for powering AI workloads such as large language models, thanks in part to large quantities of fast DDR RAM. The proposed 250,000-square-foot facility is expected to begin production sometime next year and employ "thousands" of workers. The systems produced at the plant will deployed at datacenters across North Carolina, Iowa, Oregon, Arizona, and Nevada, where they'll power Apple's Private Cloud Compute platform and Apple Intelligence services. Announced last year at WWDC, the cloud platform is designed to handle machine-learning workloads deemed too resource intensive to be run directly on personal devices. However, it's not just the servers that will be manufactured domestically. As part of this whole brainwave, Apple has promised to double its US Advanced Manufacturing Fund from $5 billion today to $10 billion in 2029. Created in 2017, the program sought to on-shore select manufacturing jobs to the US. A large part of this is intended to help transition more chip production from Taiwan to TSMC's new Fab 21 site in Arizona. That is to say, rather than rely on TSMC to make so much of the iTitan's processors abroad, it'll be done more and more on United States soil instead. According to Apple, production of chips at the plant began last month, and more importantly should help isolate Apple to some degree from upcoming semiconductor import tariffs, which is expected to start around 25 percent and ramp up over the course of about a year. It remains to be seen just how much capacity TSMC's Arizona plant will be able to handle, but Apple does say it'll be the foundry operator's largest customer at the site. Apple also appears to be diversifying its silicon supply chain for all the other chips its devices rely on. The iGiant claims its suppliers are now manufacturing silicon used in its products in 24 factories across 12 US states. To fill all these new manufacturing jobs, Apple plans to establish an academy in Michigan to train workers. In addition to manufacturing, Apple is looking to expand its research and development investments across the US, with continuing the trend toward vertical integration clearly a goal. In its annnouncement, Apple highlighted its new C1 cellular modem -- which, we'll note it's been working on for half a decade going back to the acquisition of Intel's modem business in 2019. To support future developments like this, the Mac maker plans to add around 20,000 workers to its R&D staff with silicon engineering, software development, and AI and machine learning being key areas of focus. ®

Apple Adding 20K US Jobs in 'Largest-Ever Spend Commitment' | PYMNTS.com

Apple plans to invest more than $500 billion in the U.S. in the next four years. Calling it its "largest-ever spend commitment," the tech giant on Monday (Feb. 24) announced that this plan will involve hiring 20,000 workers, and opening a manufacturing facility in Houston to make servers to support Apple Intelligence, the company's artificial intelligence (AI) system. "Previously manufactured outside the U.S., the servers that will soon be assembled in Houston play a key role in powering Apple Intelligence, and are the foundation of Private Cloud Compute, which combines powerful AI processing with the most advanced security architecture ever deployed at scale for AI cloud computing," the company said. The company says it also plans to keep expanding data center capacity in North Carolina, Iowa, Oregon, Arizona and Nevada, while opening the "Apple Manufacturing Academy" in Detroit to help companies pivot to advanced manufacturing. "Apple engineers, along with experts from top universities such as Michigan State, will consult with small- and medium-sized businesses on implementing AI and smart manufacturing techniques," the announcement said, along with free in-person and online courses in things like project management and "manufacturing process optimization." "We are bullish on the future of American innovation, and we're proud to build on our long-standing U.S. investments with this $500 billion commitment to our country's future," said Apple CEO Tim Cook. The announcement follows a meeting last week between Cook and President Donald Trump, who later said the CEO had pledged to invest hundreds of millions in the U.S. and to focus on domestic manufacturing. "They don't want to be in the tariffs," the president said, referring to his administration's tariffs on Chinese goods. Also last week, Apple introduced its lower-cost smartphone, the iPhone 16e, with a price that starts at $599. The phone replaces the iPhone SE, which had traditionally been the company's lower-cost offering. Days later, Apple announced that the Apple Intelligence suite would arrive on another platform -- Vision Pro, the company's mixed-reality headset -- in April. The company said Apple Intelligence will be available in beta in a software update, visionOS 2.4, with support for U.S. English, with additional features and support for other languages expected to be added throughout the year.

Apple pledges $500B toward US economy, will add 20K jobs as Trump...

Apple said Monday it would "spend and invest" $500 billion toward the US economy - a move that comes as the Tim Cook-led tech giant looks to dodge the impact of President Trump's tariffs. The Cupertino, Calif.-based company said the plan stretches over the next four years and marks its "largest-ever spend commitment." The company will hire 20,000 new employees and build a new manufacturing facility in Houston that will build AI servers to power AI features on devices like the iPhone. "We are bullish on the future of American innovation, and we're proud to build on our longstanding US investments," Cook said in a statement. Aside from the Houston facility, Apple said it would build an academy in Detroit "to train the next generation of US manufacturers," boost investments in US-based research and development projects and double its "advanced manufacturing fund" to $10 billion. The company will expand data center capacity in North Carolina, Iowa, Oregon, Arizona and Nevada. Shares of Apple were flat in early trading after the announcement. Trump has suggested that Apple is seeking some kind of exemption from his tariff plans. After a meeting with Cook at the White House last week, the president said that the Apple CEO had "stopped two plants in Mexico" and shifted its plans to US-based facilities because "they don't want to be in the tariffs." Trump recently imposed an additional 10% tariff on all products imported from China, where Apple manufactures most of its iPhones and other products. The president has also teased the possibility of a 25% "and higher" tariff on the computer chips used in smartphones, laptops and more. Apple did not say how much of that $500 billion figure it had already planned to spend. In 2021, the company announced it would spend $430 billion within the US over a half-decade span. It made a similar announcement in 2018 during Trump's first term in office. Gil Luria, an analyst at DA Davidson, said it was "unclear whether this announcement represents an acceleration in spend." "This pledge represents a political gesture towards the Trump administration," Luria added. Apple's latest actions are a "smart strategic move at the right time," according to Wedbush analyst Dan Ives, who maintained his "outperform" rating for the company's stock. "Cook continues to prove that he is 10% politician and 90% CEO and times like this he will be using his strong ties globally to make sure its smoother waters for Cupertino ahead despite the market agita around AAPL's growth initiatives with Trump heading down the tariff threat path," Ives said in a note to clients.

Apple plans $500 billion in US investment in next 4 years

Apple plans $500 billion in US investment in next 4 years Apple said on Monday it would spend $500 billion in U.S. investments in the next four years that will include a giant factory in Texas for artificial intelligence servers and add about 20,000 research and development jobs across the country in that time. Alex Cohen produced this report.

Apple Plans to Pour $500 Billion Into US as Trump Tariffs Loom -- But Not Everyone Buys It - Decrypt

Apple revealed plans to spend more than $500 billion in the United States over the next four years, marking its largest-ever domestic investment. The massive commitment, announced Monday, includes building a new manufacturing facility in Houston for AI servers, doubling the company's U.S. Advanced Manufacturing Fund to $10 billion, and hiring approximately 20,000 new employees focused primarily on research and development. "As a proud American company, we're thrilled to continue to make significant investments in the US," Tim Cook, Apple's CEO, said in his official X account. "Today, we're announcing a $500 billion commitment to support American innovation, advanced manufacturing, and high tech job creation." Apple's announcement happens in the middle of a complex geopolitical scenario. President Donald Trump's imposition of a 10% tariff on Chinese imports and threats of a 25% tariff specifically targeting chips may impact Apple's business. With this massive announcement, Apple may be working to insulate itself from trade tensions that could dramatically affect its supply chain and product costs. Jobs met with Trump in the White House on Feb. 20, one of several major tech leaders who have been trying to cultivate their relationships with the president. The White House was quick to post the news, saying it was an American Victory: According to an official press release, a 250,000-square-foot server manufacturing facility planned for Houston will produce hardware that powers Apple Intelligence, the company's personal AI system. These servers, Apple said, were previously manufactured outside the U.S. Apple also promised to double its U.S. Advanced Manufacturing Fund, with expansion plans for Michigan, Texas, California, Arizona, Nevada, Iowa, Oregon, North Carolina, and Washington. The company's focus on the U.S.-based AI server production also comes amid a race to stay relevant in the industry, with competitors worldwide making their own massive investments in AI. Despite a brief FUD period after the release of DeepSeek, most of the big names in the American AI scene have announced massive investments in infrastructure. Microsoft is already a key partner in Project Stargate, a $500 billion initiative to boost AI infrastructure, Google announced a $75 billion budget for capital expenditures aimed at sustaining its growing AI business during its last earnings call, and Meta is planning to spend over $65 billion to boost its AI offer. In Asia, competition is also heating up with Alibaba planning to invest $53 billion in AI infrastructure before 2028 and Huawei developing hardware and software capable of challenging Nvidia's monopoly of both the chip industry and the CUDA technology to build AI applications. The ambitious investment plan has drawn significant skepticism from financial and industry analysts who question both the scale and authenticity of Apple's commitment. James Canos, founder of an investment management company Kynikos Associates, cast doubt on the feasibility of the investment relative to Apple's current financial position. "Apple's current capital base is less than $160B,"he tweeted. "Any serious discussion of a $500B capital deployment is a bit...unrealistic" Canos said. Others highlighted that the announcement might actually represent a decrease in spending when adjusted for inflation. For example, Patrick Moorhead, founder and CEO of the high-tech research and advisory firm Moor Insights & Strategy, criticized the company's framing of the numbers. "Apple assumes we're all idiots. April 2021: Apple commits to $430B over 5 years. February 2025: Apple commits to $500B over 5 (sic) years," Moorhead wrote in a now deleted tweet. "Assuming inflation from '21 to '25 is around 18.8%, this is a REDUCTION of real spend of nearly $11 billion. Apple is just playing fast and loose the same way they communicate benchmarks. $AAPL," he wrote. Others, however, seem to feel the announcement as nothing but political maneuvering. "I can't help but think that Apple is getting ahead of potential China and Taiwan tariffs. (Tim cook) has successfully navigated many administrations. Now, that is Apple Intelligence. We'll see if the administration buys it," Moorhead wrote in another tweet. The job creation claims also raised eyebrows among financial analysts. Matt Stoller, a financial analyst and researcher at economicliberties.us, questioned the economics behind Apple's projections. "Apple is announcing it will invest $500 billion in the U.S. and create 20,000 jobs. That's $25 million per job. I smell bullshit.!" Stoller said. Apple is also rumored to be preparing to debut new MacBook Air models featuring its latest M4 chip. Expected next month, these laptops will likely showcase improved performance and efficiency, particularly for AI workloads. The M4 chip is anticipated to enhance machine learning capabilities to support Apple Intelligence features across macOS. The new models will come in the traditional 14- and 15-inch sizes and -- if the expectations about being powered by an M4 are true -- will be better prepared for AI tasks, with 1.5x faster CPU performance over the M2 processor and about 1.8 times faster than the original M1 chip. It will be nearly on par with the latest generation iPad Pro.

Apple Plans Texas Factory for AI Servers, 20,000 Research Jobs

(Reuters) - Apple on Monday said it plans to help bring online a quarter-million-square-foot factory in Texas by 2026 to build artificial intelligence servers and will add about 20,000 research and development jobs across the U.S. Apple said that it plans to spend $500 billion in the United States over the next four years, though that figure includes everything from purchases from U.S. suppliers to U.S. filming of television shows and movies for its Apple TV+ service. The company declined to say how much of the figure it was already planning to spend with its existing U.S. supply base, which includes firms such as Corning, which makes glass for iPhones in Kentucky. The move comes after media reports that Apple Chief Executive Tim Cook met with President Donald Trump last week. Many of Apple's products that are assembled in China could face 10% tariffs imposed by Trump earlier this month, though the iPhone maker previously secured some waivers from China tariffs during the first Trump administration. Apple made a similar announcement about its U.S. spending plans during the first Trump administration, at that time saying it planned $350 billion over five years. Most of Apple's consumer products are assembled outside the U.S., though many of Apple components are still made there, including chips from Broadcom, SkyWorks Solutions and Qorovo. Apple also said that it last month started mass producing chips of its own design at an Arizona factory owned Taiwan Semiconductor Manufacturing Co (TSMC). Bringing TSMC to Arizona and helping introduce legislation that later became the CHIPS Act to bolster U.S. semiconductor production were two of Trump's biggest industrial policy moves during his first term. Apple said on Monday that it will work with Hon Hai Precision Industry's Foxconn to build a 250,000-squre-foot facility in Houston, where it will assemble servers that go into data centers to power Apple Intelligence, its suite of AI features that help draft emails and perform other tasks. Those servers are currently made outside of the U.S., Apple said. Apple also said it plans to increase its Advanced Manufacturing Fund from $5 billion to $10 billion, with part of the expansion being a "multibillion-dollar commitment from Apple to produce advanced silicon" at TSMC's Arizona factory. Apple did not disclose details of its deal with TSMC, but it has in the past used the fund to help partners build out the infrastructure needed to deliver products or services for Apple. Apple will also open a manufacturing academy in Michigan where its engineers, along with local university staff, will offer free courses for small and mid-sized manufacturing firms in areas such as project management and manufacturing process optimization. (Reporting by Stephen Nellis in San Francisco; Editing by Shri Navaratnam)

Apple will spend more than $500 billion in the U.S. over the next four years By Investing.com

Teams and facilities to expand in Michigan, Texas, California, Arizona, Nevada, Iowa, Oregon, North Carolina, and Washington Plans include a new factory in Texas, doubling the U.S. Advanced Manufacturing Fund, a manufacturing academy, and accelerated investments in AI and silicon engineering CUPERTINO, Calif.--(BUSINESS WIRE)--Apple ® today announced its largest-ever spend commitment, with plans to spend and invest more than $500 billion in the U.S. over the next four years. This new pledge builds on Apple's long history of investing in American innovation and advanced high-skilled manufacturing, and will support a wide range of initiatives that focus on artificial intelligence, silicon engineering, and skills development for students and workers across the country. We are bullish on the future of American innovation, and we're proud to build on our long-standing U.S. investments with this $500 billion commitment to our country's future, said Tim Cook, Apple's CEO. From doubling our Advanced Manufacturing Fund, to building advanced technology in Texas, we're thrilled to expand our support for American manufacturing. And we'll keep working with people and companies across this country to help write an extraordinary new chapter in the history of American innovation. As part of this package of U.S. investments, Apple and partners will open a new advanced manufacturing facility in Houston to produce servers that support Apple Intelligence™, the personal intelligence system that helps users write, express themselves, and get things done. Apple will also double its U.S. Advanced Manufacturing Fund, create an academy in Michigan to train the next generation of U.S. manufacturers, and grow its research and development investments in the U.S. to support cutting-edge fields like silicon engineering. The $500 billion commitment includes Apple's work with thousands of suppliers across all 50 states, direct employment, Apple Intelligence infrastructure and data centers, corporate facilities, and Apple TV+ ® productions in 20 states. Apple remains one of the largest U.S. taxpayers, having paid more than $75 billion in U.S. taxes over the past five years, including $19 billion in 2024 alone. Today, Apple supports more than 2.9 million jobs across the country through direct employment, work with U.S.-based suppliers and manufacturers, and developer jobs in the thriving iOS app economy. Opening a New Manufacturing Facility in Houston As part of its new U.S. investments, Apple will work with manufacturing partners to begin production of servers in Houston later this year. A 250,000-square-foot server manufacturing facility, slated to open in 2026, will create thousands of jobs. Previously manufactured outside the U.S., the servers that will soon be assembled in Houston play a key role in powering Apple Intelligence, and are the foundation of Private Cloud Compute, which combines powerful AI processing with the most advanced security architecture ever deployed at scale for AI cloud computing. The servers bring together years of R&D by Apple engineers, and deliver the industry-leading security and performance of Apple silicon to the data center. Teams at Apple designed the servers to be incredibly energy efficient, reducing the energy demands of Apple data centers " which already run on 100 percent renewable energy. As Apple brings Apple Intelligence to customers across the U.S., it also plans to continue expanding data center capacity in North Carolina, Iowa, Oregon, Arizona, and Nevada. Doubling Apple's U.S. Advanced Manufacturing Fund As part of this new investment, Apple is doubling its U.S. Advanced Manufacturing Fund, which was created in 2017 to support world-class innovation and high-skilled manufacturing jobs across America. The growing commitment will increase the fund from $5 billion to $10 billion, focused on promoting advanced manufacturing and skills development throughout the country. The fund's expansion includes a multibillion-dollar commitment from Apple to produce advanced silicon in TSMC's Fab 21 facility in Arizona. Apple is the largest customer at this state-of-the-art facility, which employs more than 2,000 workers to manufacture the chips in the United States. Mass production of Apple chips began last month. Silicon used by Apple is designed to bring Apple users incredible features, performance, and power efficiency across their devices. Apple's suppliers already manufacture silicon in 24 factories across 12 states, including Arizona, Colorado, Oregon, and Utah. The company's investments in the sector help create thousands of high-paying jobs across the country at U.S. companies like Broadcom (NASDAQ:AVGO), Texas Instruments (NASDAQ:TXN), Skyworks (NASDAQ:SWKS), and Qorvo (NASDAQ:QRVO). To date, Apple's U.S. Advanced Manufacturing Fund has supported projects in 13 states " including Kentucky, Pennsylvania, Texas, and Indiana " that have helped build local businesses, train workers, and create a wide range of innovative manufacturing processes and materials for Apple products. Growing R&D Investments Across the U.S. Apple continues to expand its R&D across the U.S. In the past five years, Apple has nearly doubled its U.S.-based advanced R&D spend, and it will continue to accelerate its growth. Recently, Apple announced the newest addition to its iPhone ® lineup, iPhone 16e. iPhone 16e delivers fast, smooth performance and breakthrough battery life, thanks to the industry-leading efficiency of the A18 chip and the new Apple C1 " the first cellular modem designed by Apple, and the most power-efficient modem ever on an iPhone. Apple C1 adds a new chapter to the story of Apple silicon and is the result of years of R&D investment, bringing together the work of thousands of engineers. Apple C1 is the start of a long-term strategy that will allow Apple to innovate and optimize the modem system for additional Apple products. In the next four years, Apple plans to hire around 20,000 people, of which the vast majority will be focused on R&D, silicon engineering, software development, and AI and machine learning. The expanded commitment includes significant investment in Apple's R&D hubs across the country. This includes growing teams across the U.S. focused on areas including custom silicon, hardware engineering, software development, artificial intelligence, and machine learning. Supporting American Businesses with a New Manufacturing Academy in Detroit To help companies transition to advanced manufacturing, Apple will open the Apple Manufacturing Academy in Detroit. Apple engineers, along with experts from top universities such as Michigan State, will consult with small- and medium-sized businesses on implementing AI and smart manufacturing techniques. The academy will also offer free in-person and online courses, with a skills development curriculum that teaches workers vital skills like project management and manufacturing process optimization. The courses will help drive productivity, efficiency, and quality in companies' supply chains. Apple has long been committed to investing in education and skills development for American workers and students. That includes ongoing and expanding grant programs for organizations like 4-H, Boys & Girls Clubs of America, and FIRST, which work closely with Apple in communities across the country to create free programming that helps young people learn vital skills like coding. Apple's support for the next generation of innovators also includes efforts like the company's New Silicon Initiative, which prepares students for careers in hardware engineering and silicon chip design. Last year, this program expanded to students at Georgia Tech, and it now reaches students at eight schools across the country. Apple is continuing to expand the initiative, including a new collaboration with UCLA's Center for Education of Microchip (NASDAQ:MCHP) Designers (CEMiD) beginning this year. NOTE TO EDITORS: For additional information visit Apple Newsroom (www.apple.com/newsroom), or email Apple's Media Helpline at media.help@apple.com. © 2025 Apple Inc (NASDAQ:AAPL). All rights reserved. Apple, the Apple logo, Apple Intelligence, Apple TV+, and iPhone are trademarks of Apple. Other company and product names may be trademarks of their respective owners. View source version on businesswire.com: https://www.businesswire.com/news/home/20250224148209/en/

Apple to build AI server manufacturing factory in U.S.

Apple has committed to investing $500 billion in the U.S. over the next four years. CEO Tim Cook says the investment will include the creation of a 250,000-square-foot artificial intelligence server manufacturing factory near Houston. CBS News MoneyWatch correspondent Kelly O'Grady reports.

Apple's $500B Manufacturing Pledge Isn't About Tim Cook's Political Standing

Apple made similar pledges in 2018 under the first Trump administration and in 2021 under the Biden administration. In what represents Apple (AAPL)'s largest ever domestic spending commitment, the iPhone maker announced yesterday (Feb. 24) it will invest $500 billion over the next five years to create at least 20,000 jobs in the U.S. The investment will focus on tech manufacturing but will not affect Apple's flagship consumer products like the iPhone, iPad and iMac, which are primarily assembled in Asia. Sign Up For Our Daily Newsletter Sign Up Thank you for signing up! By clicking submit, you agree to our <a href="http://observermedia.com/terms">terms of service</a> and acknowledge we may use your information to send you emails, product samples, and promotions on this website and other properties. You can opt out anytime. See all of our newsletters The announcement came days after Apple CEO Tim Cook met with President Donald Trump, who has pushed for a return to domestic manufacturing. Shortly after the meeting, which took place on Feb. 20, Trump hinted at Apple's plans by declaring that the company would invest "hundreds of billions of dollars" into the U.S. The President thanked Cook and Apple in a post on his Truth Social platform yesterday, where he noted that Apple's announcement represents "faith in what we are doing." This isn't the first time Apple has committed large domestic investments. It made similar pledges in 2018 under the first Trump administration and in 2021 under the Biden administration. The timing of the latest announcement, however, coincides with tariff threats from President Trump that could affect key aspects of Apple's business, such as the iPhone. While the bulk of Apple's products will continue to be manufactured overseas, the $500 billion investments will see a 250,000-square-foot manufacturing facility opened in Houston by 2026 to make servers for the company's "Apple Intelligence" A.I. system. The company also plans on doubling the value of a fund dedicated to U.S. manufacturing to $10 billion, in addition to setting up a new manufacturing academy in Detroit to help companies learn A.I. implementation and advanced manufacturing techniques. "10 percent politician and 90 percent CEO" Apple's splashy investment isn't necessarily about which party is in the White House. During Trump's first term in 2018, the company pledged $350 billion to the U.S. economy over the following five years. Like today's announcement, the investment planned to create 20,000 jobs and inject capital into Apple's U.S. manufacturing fund. In 2021, under the Biden administration, Apple ramped up its commitment by 20 percent to $430 billion, again promising to create 20,000 new jobs in the U.S. However, not all of Apple's lofty goals have been met. Its 2021 pledge, for example, included plans to establish a new Apple campus and engineering hub in North Carolina's Research Triangle area. Construction for this site was paused last summer, as reported by the Raleigh News & Observer, which noted that Apple suspended the project to push back on construction timelines. Apple's new domestic spend will largely act as an extension of former commitments. But it came at a consequential time as the company looks to circumvent new tariffs on Chinese goods. The commitment is a "strategic move," one that showcases Cook as "10 percent politician and 90 percent CEO," said Dan Ives of Wedbush Securities in an analyst note. The announcement could ensure "smoother waters" for Apple amid tariff threats, added Ives. "We are bullish on the future of American innovation, and we're proud to build on our long-standing U.S. investments with this $500 billion commitment to our country's future," said Cook in a statement. "We'll keep working with people and companies across this country to help write an extraordinary new chapter in the history of American innovation."

Apple announces huge US investment amid tariff threats that could affect iPhone | BreakingNews.ie

Apple has announced it will invest more than 500 billion dollars (£395 billion) in the United States over the next four years, including plans to hire 20,000 people and build a new server factory in Texas. The move comes just days after President Donald Trump said Apple chief executive Tim Cook promised him that the tech giant's manufacturing would shift from Mexico to the US. Mr Trump noted the company was doing so to avoid paying tariffs. That pledge, coupled with Monday's investment commitment, came as Mr Trump continues to threaten to impose tariffs that could drive up the cost of iPhones made in China. "We are bullish on the future of American innovation, and we're proud to build on our long-standing US investments with this 500 billion dollar commitment to our country's future," Mr Cook said in a company blog post. Apple outlined several concrete moves in its announcement, the most significant of which is the construction of a new factory in Houston -- slated to open in 2026 -- that will produce servers to power Apple Intelligence, its suite of AI features. The company claims this factory will create "thousands of jobs". The announcement is similar to one Apple made in early 2018 -- during the first Trump administration -- that promised to create 20,000 new jobs as part of a 350 billion dollar spend in the US. Mr Trump was also mulling a tariff then that could have affected iPhones at the time, but he did not end up targeting those devices during his first administration.

Apple Commits $500 Billion In US Investment For AI Push, Boost US Manufacturing Tech - Apple (NASDAQ:AAPL), Broadcom (NASDAQ:AVGO)

On Monday, Apple Inc AAPL committed over $500 billion in investment in the U.S. over the next four years to support initiatives including artificial intelligence silicon engineering. CEO Tim Cook noted that Apple is doubling its advanced manufacturing fund to build advanced technology in Texas. The $500 billion commitment includes Apple Intelligence infrastructure, data centers, and Apple TV+ productions. Also Read: AMD Reshapes Strategy, Plans $4 Billion Data Center Asset Sale While Doubling Down on GPUs In the next four years, Apple plans to hire around 20,000 people, most of whom will focus on R&D, silicon engineering, software development, AI, and machine learning. Apple is doubling its U.S. advanced manufacturing fund from $5 billion to $10 billion. The fund's expansion includes a multibillion-dollar commitment from Apple to produce advanced silicon in Taiwan Semiconductor Manufacturing Co's TSM Fab 21 facility in Arizona. Apple is the largest customer at this facility, employing over 2,000 workers. Mass production of Apple chips began in January. Apple's investments in the sector help create thousands of jobs across the country at U.S. companies like Broadcom Inc AVGO, Texas Instruments Inc TXN, Skyworks Solutions Inc SWKS, and Qorvo Inc QRVO. Apple and its partners will launch a new advanced manufacturing facility in Houston to produce servers that support Apple Intelligence. Apple will also double its U.S. advanced manufacturing fund, create an academy in Michigan to train the next generation of U.S. manufacturers and grow its research and development investments in the U.S. Apple will work with manufacturing partners to begin production of servers in Houston later this year. A 250,000-square-foot server manufacturing facility, likely to open in 2026, will create thousands of jobs. Previously manufactured outside the U.S., the servers that will soon be assembled in Houston play a key role in powering Apple Intelligence and are the foundation of private cloud computing for AI cloud computing. As Apple brings Apple Intelligence to customers across the U.S., it plans to expand its data center capacity in North Carolina, Iowa, Oregon, Arizona, and Nevada. Apple's move coincides with President Donald Trump's urgency to consolidate the U.S.'s domestic semiconductor manufacturing position, prompting chipmakers like Taiwan Semiconductor to ramp up production there. Apple's Big Tech peers, including Microsoft Corp MSFT, committed to $80 billion in AI infrastructure spending for 2025, and Meta Platforms Inc META earmarked $60-65 billion. Price Action: AAPL stock is down 0.56% at $244.17 premarket at last check Monday. Also Read: China's Oppo Heats Up Smartphone Landscape, Launches AI-Powered Foldable At Competitive Price Image via Shutterstock AAPLApple Inc$244.02-0.62%OverviewAVGOBroadcom Inc$219.570.41%METAMeta Platforms Inc$687.560.59%MSFTMicrosoft Corp$408.560.09%QRVOQorvo Inc$77.161.43%SWKSSkyworks Solutions Inc$66.99-0.33%TSMTaiwan Semiconductor Manufacturing Co Ltd$198.10-0.07%TXNTexas Instruments Inc$203.060.52%Market News and Data brought to you by Benzinga APIs

Apple to open AI server factory in Texas as part of $500 billion U.S. investment

Tim Cook, chief executive officer of Apple Inc., greets customers during the first day of in-store sales of Apple's latest products at Apple's Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024. Apple plans to open a new factory for artificial intelligence servers in Texas as part of a $500 billion investment in the U.S., the company said Monday. The U.S. technology giant said it would work with partners to open a 250,000-square-foot server manufacturing facility in Houston to produce servers for Apple Intelligence, its AI personal assistant for iPhone, iPad and Mac computers. The new factory, which is slated to open in 2026, will form part of a major investment plan Apple is committing to over the next four years. In addition to the new Texas facility, Apple said it also plans to hire around 20,000 new employees across the U.S. Most of the new hires will be focused on research and development (R&D), silicon engineering, software development, and AI and machine learning, Apple said. "We are bullish on the future of American innovation, and we're proud to build on our long-standing U.S. investments with this $500 billion commitment to our country's future," Apple CEO Tim Cook said in a statement Monday.

Apple plans Texas factory for AI servers, 20,000 research jobs

Feb 24 (Reuters) - Apple (AAPL.O), opens new tab on Monday said it plans to help bring online a quarter-million-square-foot factory in Texas by 2026 to build artificial intelligence servers and will add about 20,000 research and development jobs across the U.S. Apple said that it plans to spend $500 billion in the United States over the next four years, though that figure includes everything from purchases from U.S. suppliers to U.S. filming of television shows and movies for its Apple TV+ service. The company declined to say how much of the figure it was already planning to spend with its existing U.S. supply base, which includes firms such as Corning (GLW.N), opens new tab, which makes glass for iPhones in Kentucky. The move comes after media reports that Apple Chief Executive Tim Cook met with President Donald Trump last week. Many of Apple's products that are assembled in China could face 10% tariffs imposed by Trump earlier this month, though the iPhone maker previously secured some waivers from China tariffs during the first Trump administration. Apple made a similar announcement about its U.S. spending plans during the first Trump administration, at that time saying it planned $350 billion over five years. Most of Apple's consumer products are assembled outside the U.S., though many of Apple components are still made there, including chips from Broadcom (AVGO.O), opens new tab, SkyWorks Solutions (SWKS.O), opens new tab and Qorovo (QRVO.O), opens new tab. Apple also said that it last month started mass producing chips of its own design at an Arizona factory owned Taiwan Semiconductor Manufacturing Co (2330.TW), opens new tab (TSMC). Bringing TSMC to Arizona and helping introduce legislation that later became the CHIPS Act to bolster U.S. semiconductor production were two of Trump's biggest industrial policy moves during his first term. Apple said on Monday that it will work with Hon Hai Precision Industry's (2317.TW), opens new tab Foxconn to build a 250,000-squre-foot facility in Houston, where it will assemble servers that go into data centers to power Apple Intelligence, its suite of AI features that help draft emails and perform other tasks. Those servers are currently made outside of the U.S., Apple said. Apple also said it plans to increase its Advanced Manufacturing Fund from $5 billion to $10 billion, with part of the expansion being a "multibillion-dollar commitment from Apple to produce advanced silicon" at TSMC's Arizona factory. Apple did not disclose details of its deal with TSMC, but it has in the past used the fund to help partners build out the infrastructure needed to deliver products or services for Apple. Apple will also open a manufacturing academy in Michigan where its engineers, along with local university staff, will offer free courses for small and mid-sized manufacturing firms in areas such as project management and manufacturing process optimization. Reporting by Stephen Nellis in San Francisco Editing by Shri Navaratnam Our Standards: The Thomson Reuters Trust Principles., opens new tab Suggested Topics:World at Work

Apple Will Invest $500 Billion In The U.S. Over The Next Four Years In An Attempt To Obtain Some Relief From Trump's Tariffs; New Server Facility In Houston Will Be Constructed & More

Trump's tariffs have started to spook Apple, which would force the company into making a series of decisions that could negatively impact its annual revenue. To obtain some financial cushion from the U.S. government's laser-focused policy, the company will be investing a mammoth $500 billion in the country over a period of four years. This amount will be injected into a server facility located in Houston, along with creating a plethora of jobs, which may appease the Trump administration and give Apple some relief from the tariffs. New investment plans mean that Apple would be able to add 20,000 people to its workforce in the U.S. The Cupertino firm's investment plans in the U.S. come just days after Apple CEO Tim Cook and current President Donald Trump met in the Oval Office. As reported by Bloomberg, the $500 billion amount will be injected in a new server facility in Houston, along with a supplier academy in Michigan, plus additional spending with Apple's existing suppliers in the country. The company will also be hiring 20,000 workers, who will focus on research and development, chip engineering and AI. A manufacturing academy in Detroit will also be opened, where it will help smaller companies with mass production. Back in 2021, Apple mentioned that it hired 20,000 R&D employees over the last five years and it will invest $430 billion in the U.S. over the next half a decade. The $70 billion increase over the previous figure suggests that Apple could be worried about Trump's tariffs that would ultimately lead the California-based giant to raise the prices of its products, which may have a deleterious impact on sales. A previous estimate revealed that Apple could be forced to raise the prices of its products by 9 percent to offset the effect of Trump's tariffs. Assuming Apple would not raise the prices and absorb these costs, it would result in a drop in the company's earnings by 3.1 percent for the calendar year 2026. However, if Apple introduced a 3 percent increment in its products, its annual revenue would slump by 2.4 percent for the same period. In any case, it is a lose-lose situation for Apple, hinting why it might have raised the investment amount in the U.S. Apple will also expand its data center capacity in Arizona, Oregon, Iowa, Nevada, and North Carolina, but TSMC will continue to produce the M-series silicon that drives power to these servers on its home turf in Taiwan.

Apple makes multi-billion-dollar commitment to Phoenix manufacturing

Zoom in: This includes a multibillion-dollar commitment to produce advanced silicon at the Taiwan Semiconductor Manufacturing Company plant in north Phoenix and expanded operations at Apple's Mesa facility. The big picture: The new jobs will focus on research and development, silicon engineering, software development, and AI and machine learning. Apple CEO Tim Cook said in the announcement: "We are bullish on the future of American innovation, and we're proud to build on our longstanding U.S. investments with this $500 billion commitment to our country's future." The backstory: President Trump met with Cook on Thursday in the Oval Office. Then Trump got so excited that he revealed the plans prematurely, saying on-camera while meeting with governors that Cook is "investing hundreds of billions of dollars. I hope he's announced it -- I hope I didn't announce it, but what the hell? All I do is tell the truth -- that's what he told me. Now he has to do it, right?" The big picture: Apple says it now supports nearly 3 million jobs across the U.S. through direct employment, work with suppliers and manufacturers, and developer jobs in the iOS app economy. Reality check: Apple made a similar announcement four years ago. In 2021, Apple committed $430 billion in U.S. investments and 20,000 new jobs across the country over five years -- including a new campus in Research Triangle Park, North Carolina, where development was paused last year.

Apple unveils ambitious US investment plan: $500 billion in AI infrastructure and server facilities

The introduction of new and aggressive trade tariffs on imports to the United States from countries such as China has put in check many of the large technology companies that had initially congratulated Donald Trump on his victory in the elections and on becoming the current President of the United States. These large companies have seen how this new policy puts their current profit margins at risk if they maintain the price for the end user. Some, such as Acer, have already announced a 10% price increase on their products, while others, such as Sony Group, have already announced that they will set up factories on American soil to avoid paying these tariffs. Apple is another of those affected. Although the company develops its technology in California, most of its factories are located in China, which has put the board in a bind, and it has decided to take a long-term strategic position. According to Bloomberg, Apple is pushing ahead with a plan to create up to 20,000 new jobs in the US over the next five years by building AI server facilities to power its own Apple Intelligence. The investment will be monstrous: roughly $500 billion. And thanks to this big deal, Apple will be able to get rid of the 10% tariff on its own imports from China.

Apple, Under Threat from Trump Tariffs, Will Add 20,000 US Jobs

(Bloomberg) -- Apple Inc., as it seeks relief from US President Donald Trump's tariffs on goods imported from China, said that it will hire 20,000 new workers and produce AI servers in the US. The company said Monday that it plans to spend $500 billion domestically over the next four years, which will include work on a new server manufacturing facility in Houston, a supplier academy in Michigan and additional spending with its existing suppliers in the country. The disclosure comes days after Trump and Apple Chief Executive Officer Tim Cook met in the Oval Office. "He's investing hundreds of billions of dollars," Trump said after the meeting last week. He implied that the iPhone maker is investing locally because it does not want to pay tariffs. Trump has threatened an additional 10% tax on items imported from China, where Apple builds the vast majority of iPhones and other products. But he has traded investment in the US for relief in the past. The $500 billion investment and 20,000 new jobs over the next four years mark Apple's biggest US commitment to date. Apple said it hired 20,000 research and development workers over the last five years and said in 2021 it would invest $430 billion locally over the next half-decade. Apple's shares slid as much as 1.5% in pre-market US trading. "We are bullish on the future of American innovation, and we're proud to build on our long-standing US investments with this $500 billion commitment to our country's future," Cook said in a statement. "We'll keep working with people and companies across this country to help write an extraordinary new chapter in the history of American innovation." During his first administration, Cook was able to successfully sway Trump into sparing the iPhone from tariffs by arguing that the tax would serve to benefit competitors like South Korea-based Samsung Electronics Co. Apple also made multiple announcements during Trump's first term about US investments and credited Trump with Mac Pro manufacturing in Texas despite its manufacturing computers there since 2013. In exchange, Apple was able to retain its high profit margins and avoid significantly raising product prices during Trump's first presidency. With Trump again in office with a similar plan to push US companies to build goods in the US to avoid taxes on foreign imports, Apple is taking a similar tact with a strategic investment announcement that will meet Trump's desires. In January, Cook was one of several US technology company CEOs to attend Trump's inauguration in Washington. He also met with Trump at the president's Mar-a-Lago Club in Palm Beach, Florida, after his election victory in November. Apple didn't say whether the new investments were already underway before Trump's win. Apple said that it, together with Foxconn Technology Group, will later this year begin producing the servers that power the cloud component of Apple Intelligence -- a system called Private Cloud Compute -- in Houston. That marks a relocation, at least for some production, from overseas. Next year, it says a 250,000-square-foot facility for such manufacturing will open in the city. The Private Cloud Compute servers use advanced M-series chips already found in the company's Mac computers. Those chips themselves, however, continue to be produced in Taiwan. Apple will also expand data center capacity in Arizona, Oregon, Iowa, Nevada and North Carolina, all states with existing Apple capacity. The company confirmed that mass production of chips started at a Taiwan Semiconductor Manufacturing Co. facility in Arizona last month. Bloomberg News recently reported that plant is building chips for some Apple Watches and iPads. The 20,000 additional jobs, Apple said, will focus on research and development, silicon engineering and AI. The company is opening up what it calls a manufacturing academy in Detroit, where it will help smaller companies with manufacturing. It already operates an academy for app developers in the city. It's also doubling its manufacturing fund in the US to $10 billion. (Updates with Apple share decline in the fifth paragraph.)

Apple bringing thousands of jobs to Houston area

Why it matters: Apple's announcement -- which the company calls its largest-ever "spend commitment" -- is the kind of win President Trump has been looking for with his push to move manufacturing back to the U.S. State of play: Apple will build a new advanced AI server manufacturing factory near Houston, according to the company. Zoom out: Most of the new jobs will focus on research and development, silicon engineering, software development, and AI and machine learning. Apple CEO Tim Cook said in the announcement: "We are bullish on the future of American innovation, and we're proud to build on our longstanding U.S. investments with this $500 billion commitment to our country's future." The backstory: Trump met with Cook on Thursday in the Oval Office, then got so excited that he revealed the plans prematurely.

Apple Is Hiring for 20,000 New Jobs in the Next Four Years. Here Are the Departments Expected to Have the Most Open Roles.

Over the next four years, Apple will hire 20,000 new people, open a 250,000-square-foot manufacturing facility in Houston, and put $10 billion behind manufacturing skills development. Apple made its biggest spending commitment yet on Monday, announcing plans to invest more than $500 billion in the U.S. over the next four years. Apple stated that it will add 20,000 new hires to its 2.9 million-person U.S. workforce as part of that commitment. Most new hires will focus on research and development, software development, silicon engineering, and AI. The iPhone maker plans to create thousands of new jobs by opening a new advanced manufacturing facility in Houston in 2026. The 250,000-square-foot factory will produce AI servers previously assembled outside the U.S. Related: 'Powerful, More Affordable Option': Apple Reveals Its New Budget iPhone 16e, the iPhone SE's Successor Apple will also increase its contribution to the U.S. Advanced Manufacturing Fund, established in 2017 to promote high-skilled manufacturing jobs in the U.S., from $5 billion to $10 billion, and open an academy in Michigan to help small and medium-sized businesses learn more about advanced manufacturing. "We are bullish on the future of American innovation, and we're proud to build on our long-standing U.S. investments with this $500 billion commitment to our country's future," Apple CEO Tim Cook stated. The announcement to invest $500 billion arrived soon after Cook met with U.S. President Donald Trump on Thursday. A day after the meeting, Trump told the nation's governors that Apple would shift production to the U.S. "because they don't want to pay the tariffs" of 10% levied earlier this month by Trump on all Chinese imports. According to The New York Times, most Apple devices have historically been made in China, with most iPhones manufactured in the country by electronics company Foxconn. On Monday, Trump thanked Cook and Apple for investing in the U.S. in a Truth Social post, writing that the reason for the investment was "faith in what we are doing."

Apple to create 20,000 US jobs to shield operations against tariffs

The tech giant plans to spend $500 billion (€477.50bn) in the country over the next four years, bolstering domestic production as more tariffs loom. Apple on Monday announced that it would hire 20,000 new workers in the US over the next four years, part of a push to bolster its domestic operations. The tech giant also said it would open a new manufacturing plant in Houston,Texas, by 2026, and that it would create a supplier academy in Michigan. Other states including Nevada, California, and Arizona will see further investment, part of a total funding package of $500bn (€477.50bn) "We are bullish on the future of American innovation, and we're proud to build on our long-standing US investments," Apple CEO Tim Cook said in a statement. "We'll keep working with people and companies across this country to help write an extraordinary new chapter in the history of American innovation," he added. Apple's statement added that the "US Advanced Manufacturing Fund", which has previously been used to make glass for iPhones in Kentucky, would be doubled. Monday's announcement comes just days after Cook met US President Donald Trump at the White House, and it mirrors a similar investment pledge made during the President's first term. In 2018, Apple said it would invest $350bn in the US economy over five years. Also preceding Monday's announcement, Trump introduced a 10% additional levy on imported Chinese goods. This is where Apple makes the majority of its products, making the firm particularly vulnerable to trade barriers. The tech giant managed to secure some tariff waivers during Trump's first term, although it's not yet clear whether this will be true this time around. In the President's first sitting, Cook notably argued that a tariff on Apple imports would benefit competitors like South Korea's Samsung. Semiconductor supplies Some chips used by Apple are also made overseas and could be hit by a proposed 25% tariff on semiconductor imports. Apple announced last month that it was ramping up mass production of chips for the iPhone in an Arizona factory, owned by Taiwan Semiconductor Manufacturing Co. (TSMC). The new factory in Houston, meanwhile, will be 250,000 square feet and will create "thousands of jobs". Apple added that the site will produce servers that support Apple Intelligence, and a range of AI features. Investment in Michigan will be used to train US manufacturers with the help of engineers and local university staff.