Apple commits to $500bn US investment

Apple plans to invest over $500 billion (approximately £396 billion) in the United States over the next four years, with a key initiative being the construction of a new advanced manufacturing facility in Texas. This investment plan aims to further expand Apple's business footprint in the U.S. and drive American economic growth.

The tech giant stated that it anticipates creating 20,000 new jobs during this period, with the "vast majority" of these positions concentrated in research and development, software, and artificial intelligence (AI). Apple emphasized that this investment commitment is its "largest ever spending commitment" and will expand support for U.S. manufacturing.

Apple CEO Tim Cook stated, "We are incredibly optimistic about the future of American innovation." The new 250,000-square-foot facility in Houston, Texas, will produce servers "previously made outside the United States" to support Apple's AI system, Apple Intelligence. The factory is expected to begin production in 2026 and create "thousands" of jobs.

Furthermore, Apple is expanding the capacity of its data centers in North Carolina, Iowa, Oregon, Arizona, and Nevada, and increasing support for its U.S. manufacturing fund, established during Trump's first term, from $5 billion to $10 billion. Wedbush Securities analyst Dan Ives stated that the announcement is "a strategic move" to diversify the company's manufacturing operations, "while also playing into the Trump's investment in America theme."

President Trump also welcomed the news, stating on social media that the investment is due to "confidence in what we are doing, without which they would not be investing a penny." Ives added that Apple's announcement on Monday does not appear to indicate a significant shift in the company's manufacturing plans in China, noting that the relevant areas are not central to its operations in China.