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Apple Inc. unveiled plans to invest over $500 billion in the United States over the next four years, commencing with a new advanced manufacturing facility in Houston, Texas. The tech giant predicts the creation of 20,000 new jobs, primarily in research and development, software, and artificial intelligence, according to the company's announcement.
The investment includes a 250,000 square-foot factory dedicated to server production, which has previously been offshore. Apple CEO Tim Cook emphasized the company’s optimism about American innovation and stated that the new facility is expected to open in 2026, generating thousands of jobs.
This announcement follows a recent meeting between Cook and President Donald Trump, who has prioritized boosting corporate investments within the U.S. The investment also involves a doubling of Apple's fund for U.S. manufacturing from $5 billion to $10 billion. Dan Ives, an analyst at Wedbush Securities, described the initiative as a strategic move aligning with Trump's U.S. investment agenda while noting that it does not significantly change Apple's manufacturing strategies in China.