Apple's Houston server manufacturing plant would shift manufacturing from overseas. The plant was scheduled to open in 2026.
Alongside establishing the new Texas facility, Apple announced plans to hire approximately 20,000 employees nationwide.
The announcement comes as the tech giant is slated to spend more than $500 billion in the United States over the next four years and bolster "Apple Intelligence," an in-house artificial intelligence system.
As part of a more than $500 billion, four-year investment across the U.S., Silicon Valley tech giant Apple plans to build a factory in Houston that will produce servers for its data centers to support the company’s artificial intelligence (AI) business.
Apple’s decision this week to build a massive facility in Houston for making AI servers could mark a resurrection of the region's tech past that began with Texas Instruments in the 1970s, continued with Compaq Computer Corp.
Apple has unveiled its largest-ever investment commitment in the U.S., pledging more than $500 billion over the next four years and creating 20,000 new jobs nationwide.
The company pledged the multibillion-dollar investment over the next four years and said it would create 20,000 jobs. The Texas facility is set to open in 2026.
The U.S. government is leaning hard on tech companies to make more commitments to building their businesses in the country, and Big Tech is falling in
Apple plans to invest $500 billion into its US operations with CEO Tim Cook stating that the iPhone maker is "bullish on the future of American innovation." Yahoo Finance Anchor Josh Lipton joins Brad Smith on Morning Brief to outline the details of the news,
AI is more accessible than ever and offers affordable and user-friendly solutions that help small businesses stay competitive.
Apple has unveiled its largest-ever investment commitment in the U.S., pledging more than $500 billion over the next four years and creating 20,000 new jobs nationwide.