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 Apple to Invest $500 Billion in US by 2028

Apple to Invest $500 Billion in US by 2028

Joining the long list of companies investing in America, the US tech firm Apple has announced its largest-ever spend commitment, with plans to spend and invest more than $500 billion in the US over the next four years.

This new pledge builds on Apple’s long history of investing in American innovation and advanced high-skilled manufacturing, and will support a wide range of initiatives that focus on artificial intelligence, silicon engineering, and skills development for students and workers across the country.

Apple’s CEO Tim Cook said that they were bullish on the future of American innovation, and were proud to build on their long-standing US investments with this latest commitment to the country’s future.

“From doubling our Advanced Manufacturing Fund, to building advanced technology in Texas, we are 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,” he said.

As part of this package of US investments, Apple and partners will open a new advanced manufacturing facility in Houston to produce servers that support Apple Intelligence, the personal intelligence system that helps users write, express themselves, and get things done.

Apple will also double its US Advanced Manufacturing Fund, create an academy in Michigan to train the next generation of US manufacturers, and grow its research and development investments in the country to support cutting-edge fields like silicon engineering.

The $500 billion commitment includes Apple’s work with thousands of suppliers across all 50 states, direct employment, Apple Intelligence infrastructure and data centers, corporate facilities, and Apple TV+ productions in 20 states.

Apple remains one of the largest US taxpayers, having paid more than $75 billion in taxes over the past five years, including $19 billion in 2024 alone, to the nation’s exchequer.

The company supports more than 2.9 million jobs across the country through direct employment, work with the US-based suppliers and manufacturers, and developer jobs in the thriving iOS app economy.

New Facility in Houston

As part of its new US investments, Apple will work with manufacturing partners to begin production of servers in Houston later this year. A 250,000 sq. ft. server manufacturing facility, slated to open in 2026, will create thousands of jobs.

Previously manufactured outside the US, the servers that will soon be assembled in Houston play a key role in powering Apple Intelligence, and are the foundation of Private Cloud Compute, which combines powerful AI processing with the most advanced security architecture ever deployed at scale for AI cloud computing.

Teams at Apple designed the servers to be incredibly energy efficient, reducing the energy demands of Apple data centers — which already run on 100% renewable energy. As the company brings Apple Intelligence to customers across the US, it also plans to continue expanding data center capacity in North Carolina, Iowa, Oregon, Arizona, and Nevada.

Advanced Manufacturing Fund

As part of this new investment, Apple is doubling its US Advanced Manufacturing Fund, which was created in 2017 to support world-class innovation and high-skilled manufacturing jobs across America. The growing commitment will increase the fund from $5 billion to $10 billion, focused on promoting advanced manufacturing and skills development throughout the country.

The fund’s expansion includes a multibillion-dollar commitment to produce advanced silicon in TSMC’s Fab 21 facility in Arizona. Apple is the largest customer at this state-of-art facility, which employs more than 2,000 workers to manufacture the chips in the US. Mass production of Apple chips began last month.

Silicon used by Apple is designed to bring its users incredible features, performance, and power efficiency across their devices. Apple’s suppliers already manufacture silicon in 24 factories across 12 states, including Arizona, Colorado, Oregon, and Utah.

R&D Investments

Apple continues to expand its R&D across the US. In the past five years, Apple has nearly doubled its U.S.-based advanced R&D spend, and it will continue to accelerate its growth.

Recently, Apple announced the newest addition to its iPhone lineup, iPhone 16e. iPhone 16e delivers fast, smooth performance and breakthrough battery life, thanks to the industry-leading efficiency of the A18 chip and the new Apple C1 — the first cellular modem designed by Apple, and the most power-efficient modem ever on an iPhone.

Apple plans to hire around 20,000 people in the next four years, of which the vast majority will be focused on R&D, silicon engineering, software development, and AI and machine learning. The expanded commitment includes significant investment in Apple’s R&D hubs across the country.

Global Business Magazine

Global Business Magazine

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