Apple ramps up its $500B investment by $100B
Apple announces an additional $100 billion investment to boost U.S. manufacturing, with new projects in Houston and Austin.
HOUSTON — Apple Inc. (Nasdaq: AAPL) is tacking $100 billion of new investment onto the $500 billion it has already committed as it expands its manufacturing operations in the U.S.
It could be a significant benefit for Texas, where the tech giant already announced significant investments earlier this year.
The Cupertino, California-based company said Aug. 6 that construction of the new Houston factory supporting production of advanced Apple servers is underway. The 250,000-square-foot server manufacturing facility produced its first test unit in July and is slated to begin mass production in 2026.
Also on Aug. 6, Apple said its new American Manufacturing Program will include several other projects across the state.
Some of that work will be happening in Austin. Apple said it is working with Samsung Electronics Co. Ltd. at its North Austin factory on a new way to manufacture chips.
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