Categories: TexasUS News

Apple’s $500B US investment amid tariff risks

Apple has revealed an ambitious plan to pour more than $500 billion into the U.S. economy over the coming four years. This substantial investment will include hiring 20,000 new employees and establishing a new server factory in Texas.

This announcement follows recent discussions between Apple CEO Tim Cook and former President Donald Trump, during which Cook assured the tech giant’s shift of manufacturing from Mexico back to the U.S. This strategic move aims to dodge the imposition of tariffs, which Trump indicated could raise the costs of iPhones produced in China.

In a blog post, Cook stated, “We are optimistic about the future of American innovation and are excited to enhance our long-standing investments in the U.S. with this $500 billion commitment towards our country’s future.”

Among Apple’s various initiatives, the construction of a new factory in Houston stands out. Scheduled to open in 2026, this facility will manufacture servers for Apple Intelligence, the company’s AI feature suite, and is expected to generate thousands of job opportunities.

This mirrors Apple’s 2018 announcement during Trump’s first term, which had promised to create 20,000 jobs and involved a $350 billion investment in the U.S. Although contemplating tariffs at that time which could impact iPhones, Trump ultimately decided against implementing measures affecting these devices during his initial administration.

@USLive

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