Appleโs new investment was made under the backdrop of an impending U.S. tariff agenda that is set to affect the companyโs imports.
Apple announced its โlargest-everโ spending commitment that involves investing hundreds of billions of dollars in the United States to boost manufacturing activities and support a wide range of initiatives, including artificial intelligence (AI) and silicon engineering.
The company said it โplans to spend and invest more than $500 billion in the U.S. over the next four years.โ
โThe $500 billion commitment includes Appleโs work with thousands of suppliers across all 50 states, direct employment, Apple Intelligence infrastructure and data centers, corporate facilities, and Apple TV+ productions in 20 states,โ Apple said in a Feb. 24 statement.
โIn the next four years, Apple plans to hire around 20,000 people, of which the vast majority will be focused on R&D, silicon engineering, software development, and AI and machine learning.โ
As part of these investments, Apple intends to open a new manufacturing facility in Houston. Slated to open next year, the 250,000-square-foot facility is set to build servers, supporting thousands of jobs.
The servers were โpreviously manufactured outside the U.S.โ and will act as the foundation for Private Cloud Compute, a cloud-based AI processing system. It is expected to play a key role in powering Apple Intelligence, the companyโs AI offering.
In addition, the tech giant said it plans to continue expanding data-center capacity in Arizona, Iowa, Nevada, North Carolina, and Oregon.
Apple aims to double its U.S. Advanced Manufacturing Fund, boosting it from $5 billion to $10 billion. Created in 2017, the fund aims to promote โworld-class innovation and high-skilled manufacturing jobs across America.โ
โTo date, Appleโs U.S. Advanced Manufacturing Fund has supported projects in 13 states, including Kentucky, Pennsylvania, Texas, and Indiana,โ Apple stated.
Furthermore, Apple plans to open the Apple Manufacturing Academy in Detroit, where the companyโs engineers, together with experts from top universities, will consult with small and mid-size businesses on implementing artificial intelligence and smart manufacturing techniques.
โWe are bullish on the future of American innovation, and weโre proud to build on our long-standing U.S. investments with this $500 billion commitment to our countryโs future,โ Apple CEO Tim Cook said.
President Donald Trump welcomed Appleโs investment announcement in a Feb. 25 post on social media platform Truth Social, attributing it to the companyโs โfaith in what [the administration is] doing, without which, they wouldnโt be investing ten cents.โ