Apple announced Monday that it will invest $500 billion in the U.S. over the next several years, creating 20,000 jobs in artificial intelligence, silicon engineering, and technology development.
The investment includes a new manufacturing facility in Houston, Texas, to produce servers for Apple Intelligence. The company also plans to expand data centers in North Carolina, Iowa, Oregon, Arizona, and Nevada.
Apple CEO Tim Cook emphasized the company’s confidence in the U.S. economy. “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,” Cook said.
President Donald Trump praised the decision, attributing it to his administration’s policies. “Apple has just announced a record $500 billion investment in the United States of America. The reason? Faith in what we are doing!” Trump posted online.
The investment follows Cook’s recent meeting with Trump at the White House, signaling a growing alignment between the administration and the tech giant.
Sources
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