Apple announced a $500 billion U.S. investment over the next four years, including a major AI server factory in Texas and 20,000 new R&D jobs across the country. The investment covers U.S. supplier purchases, Apple TV+ content production, and more.
The company didn’t specify how much of the $500 billion was already planned, but analysts suggest it likely includes existing expenses. This announcement echoes a similar 2018 pledge of $350 billion during Trump’s first term.
The move follows reports of Apple CEO Tim Cook meeting with former President Donald Trump. Trump, in a Truth Social post, praised Apple’s commitment as a sign of confidence in his leadership.
Apple relies on overseas assembly for most products, though key components—like chips from Broadcom, SkyWorks Solutions, and Qorvo—are U.S.-made. The company recently began mass-producing its own chips at TSMC’s Arizona plant, a project linked to Trump’s CHIPS Act initiative to boost U.S. semiconductor manufacturing.
Apple is partnering with Foxconn to build a 250,000-square-foot Houston facility to assemble AI servers for its Apple Intelligence suite. These servers were previously made abroad.
Additionally, Apple will double its Advanced Manufacturing Fund to $10 billion, including a multibillion-dollar deal with TSMC to produce advanced silicon in Arizona.
The tech giant will also launch a manufacturing academy in Michigan, offering free courses on project management and process optimization for small and mid-sized manufacturers.
Apple’s stock dipped 0.8% in pre-market trading following the announcement.
Also read: Apple to Launch New Budget iPhone SE 4 with AI Features
