Skip to content

U.S. investment by Apple surpasses $500 billion over the subsequent four years

U.S. investment surge: Apple unveils plans for over $500 billion spending and investment within the next four years.

Apple plans to expend over half a trillion dollars in the United States within the subsequent four...
Apple plans to expend over half a trillion dollars in the United States within the subsequent four years

U.S. investment by Apple surpasses $500 billion over the subsequent four years

Apple has unveiled a significant plan to boost its presence in the United States, with a focus on advanced manufacturing, research, and development.

The tech giant is doubling its U.S. Advanced Manufacturing Fund, initially created in 2017, from $5 billion to $10 billion. This expanded fund will support advanced manufacturing and skills development throughout the country.

One of the key components of Apple's strategy is the construction of a new factory in Texas. This facility will be dedicated to producing servers that support Apple Intelligence, forming the foundation of Private Cloud Compute. The servers produced in Houston will power Apple's services and are designed to be incredibly energy efficient.

Apple's commitment to Arizona is not new. The company is already the largest customer at TSMC's Fab 21 facility, which employs over 2,000 workers. Apple has made a multibillion-dollar commitment to produce advanced silicon in this facility. Mass production of Apple chips at the Arizona facility began last month.

Collaborating with TSMC in Arizona, Apple will also manufacture silicon for their products. This silicon is designed to bring users incredible features, performance, and power efficiency across devices.

Apple's investments in the sector help create thousands of high-paying jobs across the country at U.S. companies like Broadcom, Texas Instruments, Skyworks, and Qorvo.

In addition to manufacturing, Apple will grow its research and development investments in the U.S. to support fields like silicon engineering. The company plans to hire around 20,000 people over the next four years, with the majority focused on R&D, silicon engineering, software development, AI, and machine learning.

To further support the growth of advanced manufacturing, Apple will open the Apple Manufacturing Academy in Detroit. This academy will help companies transition to advanced manufacturing and offer free in-person and online courses for workers. Apple will also open a manufacturing academy in Michigan to train the next generation of U.S. manufacturers.

Apple's ambitions don't stop at Texas and Arizona. The company will expand teams and facilities in California, Texas, Michigan, Nevada, Iowa, Oregon, North Carolina, and Washington.

In total, Apple plans to spend more than $500 billion in the U.S. over the next four years. This commitment includes Apple's work with thousands of suppliers across all 50 states. The company's suppliers manufacture silicon in 24 factories across 12 states, including Arizona, Colorado, Oregon, and Utah.

Apple's data centers already run on 100% renewable energy, and the new servers are designed to be incredibly energy efficient. The company is committed to minimising its environmental impact while driving innovation and creating opportunities for American workers.

Read also:

Latest