Apple plans to invest $500 billion domestically over the next four years and hire 20,000 additional workers in the U.S., the iPhone maker announced on Monday.
The company’s plans include building a new 250,000 square-foot manufacturing plant in Houston, set to open in 2026, that will make servers to power Apple’s AI services. Apple also said it would establish an educational academy in Michigan focused on manufacturing and boost its investment in a fund aimed at fostering innovation across the U.S.
The investments and hiring plans mark Apple’s “largest-ever spend commitment,” the company said in a news release. The announcement follows a meeting at the White House last week between President Donald Trump and Apple CEO Tim Cook.
Mr. Trump indicated in remarks after the meeting that the iPhone maker would invest hundreds of billions to avoid paying tariffs.
Apple produces most of its…
