Apple announces $500 billion investment in US days after CEO Tim Cook's meeting with President Donald Trump

Apple has announced a significant investment of $500 billion in the US over the next four years, coupled with the creation of 20,000 new jobs. This move comes as the company seeks relief from US tariffs on goods imported from China and the announcement follows a recent meeting between Apple CEO Tim Cook and the US President Donald Trump in the Oval Office.
The investment will encompass various initiatives, including a new server manufacturing facility in Houston, a supplier academy in Michigan, and increased spending with existing US suppliers.

The report said that the $500 billion investment and 20,000 new jobs represent Apple's largest commitment to the US to date. The company emphasised its confidence in American innovation and its dedication to supporting the country's future.
“We are bullish on the future of American innovation, and we’re proud to build on our long-standing US investments with this $500 billion commitment to our country’s future,” Cook said in a statement.
“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 added.
Cook also shared a post on X regarding the investment.


Server manufacturing in Houston: Apple, in partnership with Foxconn Technology Group, will begin producing servers for its Private Cloud Compute system in Houston later this year, relocating some production from overseas. A dedicated 250,000-square-foot facility is slated to open in the city next year.
Data center expansion: Apple will expand its data center capacity in Arizona, Oregon, Iowa, Nevada, and North Carolina.
Chip production: Apple has confirmed mass production of chips has commenced at a Taiwan Semiconductor Manufacturing Co. facility in Arizona, reportedly for Apple Watches and iPads.
Job creation: The 20,000 new jobs will focus on research and development, silicon engineering and AI.
Manufacturing academy in Detroit: Apple will establish a manufacturing academy in Detroit to support smaller companies in the manufacturing sector.
Increased manufacturing fund: Apple is doubling its US manufacturing fund to $10 billion.
Cook has engaged in discussions with the US president on multiple occasions, including attending the inauguration and meeting at Mar-a-Lago.
After the recent meeting, Trump said, “He’s investing hundreds of billions of dollars.” – implying that the iPhone maker is investing locally because it does not want to pay tariffs, a Bloomberg report said. Notably, Trump has threatened an additional 10% tax on items imported from China, where Apple builds the vast majority of iPhones and other products.