Apple to Invest $500 Billion in the US Over the Next Four Years

Apple announced today that it intends to invest over $500 billion in the US over the next four years. In what the company described as a “new chapter in the history of American innovation,” the company plans to double its US Advanced Manufacturing Fund, expand its existing US facilities, open a new factory in Texas as well as a new manufacturing academy in Detroit

“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 Apple CEO Tim Cook. “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.”

Apple said that it currently supports 2.9 million jobs in the US, and the company expects its $500 billion commitment to benefit “thousands” of US suppliers. The company also plans to hire around 20,000 new employees over the next four years, and its new manufacturing academy in Detroit will participate in training “the next generation of US manufacturers.”

By doubling its U.S. Advanced Manufacturing Fund from $5 billion to $10 billion, Apple is planning to start producing advanced silicon in TSMC’s Fab 21 facility in Arizona. The company’s new manufacturing facility in Houston, which will open its doors in 2026, will be dedicated to the production of servers that support Apple Intelligence.

This new factory in Houston will lead to the creation of thousands of jobs” according to Apple. The rest of the company’s new hires will be “focused on R&D, silicon engineering, software development, and AI and machine learning,” the company said today.

Lastly, in a message probably addressed at the new Trump administration, Apple emphasized today that it “remains one of the largest U.S. taxpayers, having paid more than $75 billion in U.S. taxes over the past five years, including $19 billion in 2024 alone.”