https://www.foxbusiness.com/te...ation-bullish-future
Apple's announcement comes after President Donald Trump said he met with the company's CEO Tim Cook

Published February 24, 2025 6:01am EST
By Andrea Margolis , Susan Li | FOX Business

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.

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."

"And we’ll keep working with people and companies across this country to help write an extraordinary new chapter in the history of American innovation."

The announcement comes two days after President Donald Trump alluded to the tech giant's plans, saying that the company planned to invest "hundreds of billions of dollars" in the United States.

"Yesterday I had Tim Cook in the office from Apple. He's investing hundreds of billions of dollars," Trump said at a White House gathering on Friday. "That's what he told me. Now he has to do it."

Great news to start the week!

That is fantastic, was looking at upgrading my phone soon, this news helps with that decision.

So Tim has had his "Come to Jesus" moment.
This will be a huge motivator for other tech companies.

Hopefully President Trump tosses the H1B Visa program in the toilet so Americans actually get these jobs vs. foreigners.

I like the momentum this could start.

Seems to be giving many on the left a lot of heartburn.
I would guess they won’t be the only ones doing this.

This is good, hope more companies will follow. MAGA!

Start building most of the Apple products here in the US.

So, China threatening TSMC has gotten Apple's attention.

Seems there's a HUGE foundry up for sale here in the US that can produce Apple chips. The same foundry that was producing their last generation chips when Apple ditched them for their own design.

Surprised that our Governor isn’t crowing over the announcement that Apple is coming to Detroit. But she or her Dem party pals can’t take credit for it. It’s a Trump triumph, not a Whitmer wonder.

Detroit is a good location as you have tons of engineers that rotate between the autos and the big defense contractors like GDLS. I might just apply for a job at Apple. Do you think they would give me Chicken Shack coupons as part of my compensation? (If you haven't had Chicken Shack, you should treat yourself)