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The
move comes just days after President Donald Trump said Apple CEO
Tim Cook promised him that the tech giant’s manufacturing would
shift from Mexico to the U.S. Trump noted the company was doing
so to avoid paying tariffs. That pledge, coupled with Monday's
investment commitment, came as Trump continues to threaten to
impose tariffs that could drive up the cost of iPhones made in
China.
“We are bullish on the future of American innovation, and we’re
proud to build on our long-standing U.S. investments with this
$500 billion commitment to our country’s future,” Cook said in a
company blog post.
Apple outlined several concrete moves in its announcement, the
most significant of which is the construction of a new factory
in Houston — slated to open in 2026 — that will produce servers
to power Apple Intelligence, its suite of AI features. The
company claims this factory will create “thousands of jobs.”
The announcement is similar to one Apple made in early 2018 —
during the first Trump administration — that promised to create
20,000 new jobs as part of a $350 billion spend in the U.S.
Trump was also mulling a tariff then that could have affected
iPhones at the time, but he didn't end up targeting those
devices during his first administration.
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