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Apple to Invest $500 Billion in US, Creating 20,000 New Jobs
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6 days agoon
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M N RidwanApple has announced a groundbreaking investment of more than $500 billion (£396 billion) in the United States over the next four years.
This massive investment will kick off with the construction of a new advanced manufacturing facility in Houston, Texas, marking a significant step toward expanding the company’s footprint in American innovation.
The tech giant plans to create 20,000 new jobs, with most of these roles focused on research and development, software, and artificial intelligence (AI).
Apple has not clarified if this investment represents a shift in its current operations or if it is an acceleration of existing efforts, but the company stressed that the $500 billion commitment covers a broad range of expenses, from suppliers to content production for Apple TV+.
Apple’s CEO, Tim Cook, highlighted the company’s optimism for the future of American innovation, calling the investment its “largest-ever spend commitment.”
The new factory, expected to open in 2026, will be dedicated to producing servers that were previously manufactured overseas.
These servers will support Apple’s AI system, Apple Intelligence, and will create “thousands” of new jobs in the process.
In addition to the new factory, Apple is also expanding its data center capacity in North Carolina, Iowa, Oregon, Arizona, and Nevada.
Furthermore, the company is increasing its support for a fund dedicated to US manufacturing, growing it from $5 billion to $10 billion.
The timing of this announcement comes just days after Apple’s CEO met with President Donald Trump, who has made boosting corporate investment in the US a top priority.
Trump took credit for the announcement on social media, stating that Apple’s investment was a direct result of his policies.
Analysts believe this move is part of a strategic push by Apple to diversify its manufacturing operations while aligning with Trump’s desire to encourage more domestic production.
However, some experts, like Dan Ives of Wedbush Securities, suggest that Apple’s investment does not signal a major shift away from its significant operations in China.