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Apple (AAPL, Financials) plans to invest more than $500 billion in the United States over the next four years, focusing on artificial intelligence, silicon engineering, and manufacturing expansion, the company announced Monday.
The money will finance new manufacturing projects including a Texas facility and more R&D expenditure. Apple will also create a manufacturing school in Michigan to equip people in innovative manufacturing technologies and boost its U.S. Innovative Manufacturing Fund to $10 billion.
Apple will build a 250,000-square-foot server manufacturing plant in Houston as part of its development. Set to debut in 2026, the facility will generate servers for Apple Intelligence, a personal assistant powered by artificial intelligence. Previously produced outside the United States, the servers will run Apple's Private Cloud Compute mixing security architecture with artificial intelligence processing. Apple intends to additionally increase data center operations in Nevada, Arizona, North Carolina, Iowa, and Oregon.
Originally established in 2017, Apple's Advanced Manufacturing Fund will get an extra $5 billion in support. A substantial amount of this money will go toward supporting chip manufacture at Arizona's Fab 21 plant run by Taiwan Semiconductor Manufacturing Co. (TSM, Financials)
With more than 2,000 employees and starting mass-producing Apple chips last month, Apple is the biggest client at the facility. The company's suppliers run 24 chip manufacturing facilities spread across 12 states, therefore supporting its attempts at domestic manufacture.
With intentions to speed recruiting in artificial intelligence, machine learning, and silicon engineering, Apple's research and development investment in the United States has almost quadrupled over the previous five years. Over the next four years, the corporation wants to create 20,000 new positions in various sectors, therefore broadening its workforce among many states.
Apart from R&D development and production, Apple will set up a new manufacturing college in Detroit. Small- and medium-sized companies will be able to get smart manufacturing and artificial intelligence training at the facility. Designed with Michigan State University specialists, the program will comprise online and in-person courses emphasizing process improvement and project management.
Having paid $75 billion in federal taxes over the previous five yearsincluding $19 billion in 2024Apple claimed it remained among the biggest taxpayers in the United States.
Using direct employment, supplier relationships, and the iOS app economy, Apple's investment plan marks the most recent in a run of domestic growth initiatives employing 2.9 million people nationwide.
This article first appeared on GuruFocus.