Apple to invest $500bn in US over next four years

Apple is currently planning to hire 20,000 employees over next four years, primarily in R&D, silicon engineering, software development, and AI
An undated image of Apples logo. — Shutterstock
An undated image of Apple's logo. — Shutterstock 

Apple (AAPL) officially announced that it will invest more than $500 billion in the US over the next four years, with plans to establish a new manufacturing factory, double its advanced production fund, and hire up to 20,000 people. 

In a statement, Apple CEO Tim Cook stated: "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.” 

"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,” Cook added. 

Apple’s latest announcement comes after President Trump said Cook promised him hundreds of millions of dollars in US investment and that the company’s production would transition from Mexico to the US.

The Cupertino-based tech giant could experience negative impacts from renewed US-China trade disputes during Trump's second term, as the President’s administration forced a 10% tax on Chinese products. However, analysts at Evercore ISI are expecting a reduced financial impact on the tech giant. 

Apple CEO Tim Cook visited Trump’s Mar-a-Lago estate, with Meta CEO Mark Zuckerberg, Google CEO Sundar Pichai, and Amazon CEO Jeff Bezos. Following Trump’s election win, Cook posted on X (formerly Twitter) that he is willing to work with the administration to drive excellence and support US innovation. 

The company further revealed plans to start manufacturing servers in Houston this year, with the latest 250,000-square-foot facility scheduled to open in Texas by 2026. These servers will support cutting-edge Apple Intelligence tools. 

The company committed to doubling its US Advanced Manufacturing Fund from $5 billion to $10 billion, including a multibillion-dollar investment in advanced silicon production at TSMC's facility in Arizona.

In addition, Apple is currently planning to hire 20,000 employees over the next four years, primarily in R&D, silicon engineering, software development, and AI. Notably, the company will open a manufacturing academy in Detroit to assist businesses adopt AI and advanced manufacturing ways.