Apple announces $500bn in US investments over next four years

Core Points - Apple announced a plan to invest $500 billion in the US over the next four years, which includes building a large factory in Texas for AI servers and creating approximately 20,000 R&D jobs nationwide [1][4] - The investment will cover a range of activities, including purchases from US suppliers and the production of content for Apple TV+ [2] - This announcement follows a meeting between Apple CEO Tim Cook and President Donald Trump, amid concerns over potential tariffs on products assembled in China [3][4] Investment Details - The $500 billion investment includes various expenditures, but Apple did not specify how much was already planned for US suppliers [2] - Apple previously announced a $350 billion investment plan in 2018, indicating a consistent commitment to US economic contributions [4] Manufacturing and Production - Apple will collaborate with Foxconn to establish a 250,000-square-foot facility in Houston for assembling servers used in data centers for Apple Intelligence [7] - The company plans to increase its Advanced Manufacturing Fund from $5 billion to $10 billion, with a focus on producing advanced silicon at TSMC's Arizona factory [8] - Apple is also set to open a manufacturing academy in Michigan to provide free courses for local manufacturing firms [9]