Apple outlines several specific moves in its announcement, the most important of which is the construction of a new factory in Houston – scheduled to open in 2026 [File]
|Photo source: Reuters
Apple announced on Monday that it plans to invest more than $500 billion in the U.S. over the next four years, including plans to hire 20,000 people in Texas and build a new server factory.
The move comes after President Donald Trump said Apple CEO Tim Cook assured him that the tech giant’s manufacturing industry would move from Mexico to Trump in the United States, the company noted, The company is doing this to avoid paying tariffs. That promise, coupled with Monday’s investment commitment, Trump continues to threaten tariffs that could increase the cost of Chinese-made iPhones.
“We are bullish on the future of innovation in the United States and we are honored to build our long-term investment with a $500 billion commitment to our nation’s future $500 billion commitment,” Cook said in a corporate blog post.
Apple outlined several specific moves in the announcement, the most important of which is the construction of a new factory in Houston (scheduled to open in 2026) that will serve Apple Intelligence, its AI feature suite, which will serve Apple Intelligence provides power. The company claims the factory will create “thousands of jobs”.
The announcement is similar to an Apple in early 2018 (in the first Trump administration) that promises to create 20,000 new jobs, part of Trump’s $350 billion spending, which could also be a possibility There would be tariffs that could then affect the iPhone at the time, but he didn’t end up targeting those devices during the first administration.
publishing – February 25, 2025 at 09:10 am IST
