Apple to invest $500B in US, create 20,000 jobs
What's the story
Apple has announced plans to invest $500 billion in the US over the next four years.
The investment includes creating 20,000 new jobs and producing AI servers on US soil.
The tech giant's decision comes amid President Donald Trump's proposed tariffs on goods imported from China, a move that could significantly impact Apple's operations due to its extensive manufacturing base there.
Expansion details
Investment plan includes new facilities and supplier academy
As part of its investment plan, Apple will build a new server manufacturing factory in Houston, and a supplier academy in Michigan.
The company also plans to increase its spending with current US-based suppliers.
Notably, this announcement comes just days after Trump met Apple CEO Tim Cook at the White House and discussed potential tariff implications for the tech giant.
Past commitments
History of US investments and job creation
The proposed $500 billion investment and 20,000 jobs would mark Apple's biggest commitment to the US market yet.
In the last five years, Apple hired 20,000 research and development workers in the country.
In 2021, it had pledged to invest $430 billion locally over the next five years.
These numbers highlight the tech giant's continued commitment to domestic investment and job creation amid global economic challenges.
Production shift
Apple's new AI server production and facility plans
Apple, along with Foxconn, will begin server production for its Private Cloud Compute system in Houston later this year. This is a major production shift from overseas.
By next year, a new 250,000-square-foot facility for this manufacturing will open in the city.
The servers will be powered by advanced M-series chips, currently used in Mac computers, still being produced in Taiwan.
Further initiatives
Apple to launch manufacturing academy
As part of its investment plan, Apple will expand data center capacity in Arizona, Iowa, Oregon, Nevada, and North Carolina. These are all states where the company already has a presence.
Plus, it plans to launch a manufacturing academy in Detroit to help smaller firms with their production needs.
This initiative complements an existing academy for app developers in the city.