Apple Announces $500 Billion U.S. Investment, New Texas Factory Amid Tariff Concerns

Apple announced a $500 billion investment in the United States over the next four years. This includes plans to hire 20,000 people and construct a new server factory in Houston, Texas, slated to open in 2026. The factory will produce servers to power Apple Intelligence, its suite of AI features, and is projected to create thousands of jobs. The announcement follows threats by former U.S. President Donald Trump to impose tariffs on iPhones manufactured overseas. Apple CEO Tim Cook reportedly assured Trump that manufacturing would shift from Mexico to the U.S. to avoid these tariffs. A similar announcement was made in early 2018 during Trump's administration, promising 20,000 new jobs as part of a $350 billion spend in the U.S.