Apple is set to make a groundbreaking $500 billion investment in the United States over the next four years, with plans to create 20,000 new jobs, mainly in research and development. This marks the company’s largest domestic investment ever.
This announcement follows a meeting between Apple CEO Tim Cook and former President Donald Trump, who has been pressuring U.S. companies to move their production back to the U.S. Trump had previously threatened a 10% tariff on Chinese imports, a move that would heavily impact Apple products made in China.
As part of this investment, Apple will establish a 250,000-square-foot factory in Texas by 2026, specializing in artificial intelligence servers. The company also intends to open a new server manufacturing facility in Houston, create a supplier academy in Michigan, and boost its spending with current U.S. suppliers.
This bold move aims to help Apple sustain its profit margins and prevent price hikes for consumers. Though Apple has historically outsourced much of its manufacturing to China, it has been shifting some production to the U.S. in recent years. The company credited Trump’s administration for facilitating Mac Pro production in Texas during his first term.
