Apple announced on Monday that it plans to invest $500 billion in U.S. operations over the next four years. This substantial commitment includes constructing a large facility in Texas to manufacture artificial intelligence servers and creating approximately 20,000 research and development jobs nationwide.
The $500 billion investment encompasses a wide range of activities, from purchasing from U.S. suppliers to filming television shows and movies for its Apple TV+ service. Although Apple did not break down how much of this figure is already earmarked for its U.S. supply chain—including suppliers like Corning in Kentucky—the move follows media reports of a meeting between Apple CEO Tim Cook and President Donald Trump. Trump’s administration has previously imposed 10% tariffs on many Apple products assembled in China, though some waivers were secured during his earlier term.
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Analyst Gil Luria of D.A. Davidson commented that the pledge appears to be a political gesture toward the Trump administration, noting that the $500 billion likely represents all of Apple’s spending in the United States, including general and administrative costs. He added that it remains unclear whether this announcement signals an acceleration of U.S. investments.
Apple made a similar declaration in 2018, when it announced that its investments would contribute $350 billion to the U.S. economy over five years during the first Trump administration.
Shares dipped 0.8% in pre-market trading following the announcement.
In a post on Truth Social, President Trump thanked Apple and Tim Cook, stating that the move reflected the company’s trust in his administration. While most of Apple’s consumer products are assembled abroad, many critical components, including chips from companies like Broadcom, Skyworks Solutions, and Qorovo, are produced in the U.S. Additionally, Apple recently began mass production of its own chips at a TSMC-owned facility in Arizona—an initiative linked to Trump’s push for increased domestic semiconductor production, which contributed to the passage of the CHIPS Act.
Furthermore, Apple revealed plans to work with Foxconn (Hon Hai Precision Industry) to build a 250,000-square-foot facility in Houston. This new site will assemble servers for Apple Intelligence, a suite of AI features currently powered by servers manufactured outside the U.S.
The company also plans to expand its Advanced Manufacturing Fund from $5 billion to $10 billion, part of which includes a multibillion-dollar commitment to produce advanced silicon at TSMC’s Arizona factory. Although details of the TSMC deal were not disclosed, Apple has previously used the fund to help partners develop necessary infrastructure.
In addition, Apple will launch a manufacturing academy in Michigan where its engineers, in collaboration with local university staff, will offer free courses in project management and manufacturing process optimization for small and mid-sized firms.
