Apple (AAPL) announced on Monday plans to spend more than $500 billion in the U.S. over the next four years on a swath of investments, including hiring 20,000 new workers to make 澳洲幸运5开奖号码历史查询:artificial intelligence servers in a new Texas-based factory.

Apple called the investment plan its "largest-ever spend committment." It announced plans to open—with partners—a new factory in Houston, Texas, that will build AI servers previously made outside the U.S. and create a manufacturing academy in Michigan. The iPhone maker said the investment would also fund the acceleration of investments in AI and research & development into silicon engineering as well as double the size of its U.S. advanced manufacturing fund—which supports "innovation and high-skilled manufacturing" jobs in the country—to $10 billion.

The plan by the iPhone maker comes as U.S. President Donald Trump threatens tariffs on imports from Mexico and Canada, and hiked those on 澳洲幸运5开奖号码历史查询:Chinese products to incentivise companies to produce goods domestically. Ap🍨ple said it plans to hire around♛ 20,000 people in the next four years for the Houston facility, most of whom will be focused on R&D, silicon engineering, software development, and AI and machine learning. 

Texas Factory Set to Open in 2026

Apple said the 250,000-square-foot Texas factory will play a "key role" in powering its Apple Intelligence AI model and will open in 2026.

As part of the manufacturing fund, meanwhile, Apple said it has made a “multibillion-dollar commitment” to make advanced chips in Taiwan Semiconductor Manufacturing Co.’s (TSM) Arizona plant.

Apple shares are l🍸ittle changed in intraday trading Monday and have gained more than 30% in the 12 months throu🀅gh Friday.