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Apple Computer: $500 BILLION investment in the USA

Melensdad

Jerk in a Hawaiian Shirt & SNOWCAT Moderator
Staff member
Looks like the US will be 'on shoring' about 20,000 new jobs over the next couple of years.



Apple to open AI server factory in Texas as part of $500 billion U.S. investment

Tim Cook, chief executive officer of Apple Inc., greets customers during the first day of in-store sales of Apple's latest products at Apple's Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024. Apple Inc. introduced the latest version of its flagship device, the iPhone 16, betting it can entice consumers with modest hardware upgrades and AI technology that's still on the horizon. Photographer: Victor J. Blue/Bloomberg via Getty Images
Tim Cook, chief executive officer of Apple Inc., greets customers during the first day of in-store sales of Apple’s latest products at Apple’s Fifth Avenue store in New York, US, on Friday, Sept. 20, 2024.
Victor J. Blue | Bloomberg | Getty Images
Apple plans to open a new factory for artificial intelligence servers in Texas as part of a $500 billion investment in the U.S., the company said Monday.
The U.S. technology giant said it would work with partners to open a 250,000-square-foot server manufacturing facility in Houston to produce servers for Apple Intelligence, its AI personal assistant for iPhone, iPad and Mac computers.
The new factory, which is slated to open in 2026, will form part of a major investment plan Apple is committing to over the next four years. In addition to the new Texas facility, Apple said it also plans to hire around 20,000 new employees across the U.S.
Most of the new hires will be focused on research and development (R&D), silicon engineering, software development, and AI and machine learning, Apple said.
“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,” Apple CEO Tim Cook said in a statement Monday.
The move comes after Apple’s chief executive met with President Donald Trump last week.
The iPhone maker faces pressure from the Trump administration over where it chooses to manufacture its products. Apple assembles most of its products in China. . .
STORY CONTINUES AT CNBC....
 
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