Apple is gearing up to infuse a staggering $500 billion into the U.S. economy over the next four years, a bold investment that encompasses the creation of a massive AI server factory in Texas and the generation of roughly 20,000 research and development positions across the nation.
This monumental spending plan integrates various domestic investments, from bolstering U.S. suppliers to producing content for Apple TV+. Notably, the company has not specified how much of the $500 billion is earmarked for its supply chain within the country.
The announcement follows Apple CEO Tim Cook’s meeting with President Donald Trump last week, amid concerns over potential 10% tariffs on Chinese-assembled products. Though Apple has previously secured tariff waivers, the looming trade tensions underscore the strategic importance of Apple’s domestic investments. This move echoes a similar declaration made in 2018 under the Trump administration, where Apple pledged a $350 billion contribution to the U.S. economy over five years.
In a significant strategic shift, Apple recently began mass-producing its custom-designed chips at a Taiwan Semiconductor Manufacturing Co. (TSMC)-owned facility in Arizona. This comes as part of broader efforts underlined by the CHIPS Act, aimed at strengthening U.S. semiconductor capabilities, a key focus during Trump’s first term.
