Tim Cook CEO of Apple | Apple
Apple has announced a significant investment plan, committing over $500 billion in the United States over the next four years. This initiative aims to bolster American innovation and manufacturing, focusing on artificial intelligence, silicon engineering, and skills development for students and workers nationwide.
"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," said Tim Cook, Apple's CEO. "From doubling our Advanced Manufacturing Fund to building advanced technology in Texas, we’re thrilled to expand our support for American manufacturing."
Part of this investment includes opening a new advanced manufacturing facility in Houston to produce servers supporting Apple Intelligence. The company plans to double its U.S. Advanced Manufacturing Fund and establish an academy in Michigan for training future manufacturers. Research and development investments will also grow to support fields like silicon engineering.
The $500 billion commitment encompasses work with suppliers across all 50 states, direct employment, infrastructure for Apple Intelligence, corporate facilities, and Apple TV+ productions in 20 states. Over the past five years, Apple has paid more than $75 billion in U.S. taxes.
Apple's new investments will see server production begin in Houston later this year at a facility expected to open in 2026, creating thousands of jobs. These servers are crucial for powering Apple Intelligence and Private Cloud Compute.
Additionally, Apple's Advanced Manufacturing Fund will increase from $5 billion to $10 billion to promote high-skilled manufacturing jobs across America. A multibillion-dollar commitment will produce advanced silicon at TSMC's Fab 21 facility in Arizona.
In recent developments, Apple launched the iPhone 16e featuring the efficient A18 chip and Apple C1 modem. The company plans to hire around 20,000 people focused mainly on R&D areas such as AI and machine learning.
To assist companies transitioning to advanced manufacturing techniques, Apple will open the Apple Manufacturing Academy in Detroit offering free courses on project management and process optimization.
Apple continues its educational commitments through grant programs with organizations like 4-H and Boys & Girls Clubs of America while expanding initiatives like the New Silicon Initiative aimed at preparing students for careers in hardware engineering.