Apple Unveils Historic $500 Billion Investment in US Manufacturing, Innovation After Meeting With Trump

This is what winning looks like. The company plans to hire 20,000 American workers. New Houston AI Server Factory. New Detroit Manufacturing Academy. Doubling R&D Fund to $10B.

This is the largest ever capital spend in the US in company history.

As a proud American company, we’re thrilled to continue to make significant investments in the US. Today, we’re announcing a $500 billion commitment to support American innovation, advanced manufacturing, and high tech job creation. https://t.co/xoNy7zGqZG

— Tim Cook (@tim_cook) February 24, 2025

https://xtwitter.com/WhiteHouse/status/1894032660869087303

– $500 billion from Apple
– $500 billion from Stargate
– $600 billion from Saudi Arabia
– $14.1 billion from Nippon Steel
– $20 billion from Hussain Sajwani
– $44 billion from Japan
– $1.735 billion from Brookfield Asset Management
– $500 billion from Ukraine

Apple unveils historic $500B investment in US manufacturing, innovation: ‘Bullish on the future’

Apple’s announcement comes after President Donald Trump said he met with the company’s CEO Tim Cook

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Apple is committing $500 billion to the U.S. economy in a historic initiative, the company announced on Monday, marking “an extraordinary new chapter in the history of American innovation.”

Apple’s 11-figure commitment will roll out over the next five years. It will involve building an advanced AI server manufacturing factory near Houston, as well as doubling the company’s Advanced Manufacturing Fund from $5 billion to $10 billion.

The tech giant also plans to establish an Apple Manufacturing Academy in Detroit, as well as hire 20,000 new employees with focuses on research and development, silicon engineering, artificial intelligence and machine learning.

“This new pledge builds on Apple’s long history of investing in American innovation and advanced high-skilled manufacturing, and will support a wide range of initiatives that focus on artificial intelligence, silicon engineering, and skills development for students and workers across the country,” the company said in a statement.

Tim Cook said he was “bullish” about America’s innovative potential in a statement about Apple’s investment. (iStock / Getty Images)

Apple also plans to expand teams and facilities in numerous states, including Michigan, Texas, California, Arizona, Nevada, Iowa, Oregon, North Carolina and Washington. In a statement, Apple CEO Tim Cook said that his company is “bullish on the future of American innovation.”

“We’re proud to build on our long-standing U.S. investments with this $500 billion commitment to our country’s future,” his statement added. “From doubling our Advanced Manufacturing Fund, to building advanced technology in Texas, we’re thrilled to expand our support for American manufacturing.”

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