Apple announced on Monday that it will spend $500 billion over the next four years expanding facilities in the United States, including plans to build a new manufacturing factory, double its advanced manufacturing fund, and hire 20,000 people.
The tech giant said it will expand teams and facilities in Texas along with Michigan, California, Arizona, Nevada, Iowa, Oregon, North Carolina and Washington state. The announcement comes about a week after Cook met with President Donald Trump, who recently signed an executive order adding a 10% tariff on goods made by China on top of the 25% tariffs already in place (most of Apple’s products, including the popular iPhones, are manufactured in China).
Apple CEO Tim Cook said in a statement: “We are bullish on the future of American innovation, and we’re proud to build on our long-standing U.S. investments with this $500 billion commitment to our country’s future. From doubling our Advanced Manufacturing Fund, to building advanced technology in Texas, we’re thrilled to expand our support for American manufacturing. And we’ll keep working with people and companies across this country to help write an extraordinary new chapter in the history of American innovation.”
Per AP News, Apple said it will also work to produce more content for Apple TV+ media streaming service in 20 states and make new hires in research and development along with spending. Additionally, Cook noted the construction of a new factory in Houston (slated to open in 2026) that will produce servers to power Apple Intelligence, its suite of AI features. Apple also confirmed Monday that an Arizona-based Taiwan Semiconductor Manufacturing Co. facility, which began development under the Biden administration, had started producing chips for it there.
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