Big investment decision from Apple: Will hire 20 thousand people
Apple CEO Tim Cook said the investment is a testament to their belief in innovation in the U.S. “We have complete confidence in American innovation, and with this $500 billion investment, we are reinforcing our commitment to our country’s future. We are thrilled to double our Advanced Manufacturing Fund and expand American manufacturing to advanced technology manufacturing in Texas.”
A NEW PRODUCTION FACILITY IN HOUSTONApple is set to open a new advanced manufacturing facility in Houston. The facility will be used to manufacture Apple Intelligence servers and is expected to be operational in 2026. The 250,000-square-foot facility will employ thousands of people. The servers will form the basis of Apple’s Private Cloud Compute technology and strengthen its AI security infrastructure.
ADVANCED MANUFACTURING FUND DOUBLESAccording to the news on CNBC-e, Apple has decided to increase its Advanced Manufacturing Fund, which it launched in 2017, from $5 billion to $10 billion. This fund will be used to support high-skilled manufacturing jobs across the U.S. In addition, thanks to the investment in TSMC’s Fab 21 chip manufacturing facility in Arizona, Apple’s chip production will be increased and the facility will employ more than 2,000 people.
R&D INVESTMENTS AND NEW EMPLOYMENT OPPORTUNITIESApple has nearly doubled its R&D spending in the U.S. over the past five years. That growth is set to accelerate, with 20,000 new jobs to be hired in R&D, software development, chip engineering, and artificial intelligence over the next four years. Apple’s R&D centers are expected to see significant growth in areas such as custom chip design, artificial intelligence, and machine learning.
A NEW MANUFACTURING ACADEMY IN DETROITApple has announced that it will open a Manufacturing Academy in Detroit for small and medium-sized businesses in the US. The academy will help companies implement artificial intelligence and smart manufacturing techniques. Experts from respected educational institutions such as Michigan State University will provide free training with Apple engineers in areas such as manufacturing process management and optimization.
SUPPORT FOR TECHNOLOGY EDUCATION FOR YOUTHApple continues to provide coding and technology education to youth in the U.S. by increasing grants to organizations like 4-H, Boys & Girls Clubs of America, and FIRST. Additionally, Apple’s New Silicon Initiative will provide students with chip design and hardware engineering training through partnerships with universities like Georgia Tech and UCLA.
APPLE'S ROLE IN THE US ECONOMYApple has paid $75 billion in taxes in the US in the last five years, and this figure has reached $19 billion in 2024 alone. This massive investment plan is considered an important step that will strengthen Apple's place in the US economy while strengthening the country's global leadership in artificial intelligence and chip production.
Apple’s $500 billion investment commitment will make a major contribution to the technology and manufacturing sectors in the United States and create new job opportunities for millions of people.
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