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.
© aerogondo | iStock / Getty Images Plus