(NewsNation) — Apple announced plans to invest more than $500 billion domestically over the next four years and hire 20,000 additional workers.
The company will build a 250,000 square-foot manufacturing plant in Houston, set to open in 2026 and will make servers that were previously manufactured outside of the U.S. that help power its artificial intelligence.
“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,” Apple CEO Tim Cook said in a news release.
Apple unveils more expensive version of its lowest priced iPhone
The announcement comes as President Donald Trump imposed tariffs on goods made in China, where Apple makes most of its products.
Apple will also expand its data center capacity in Arizona, Iowa, Nevada, North Carolina and Oregon.
The announcement also marks an increase in funding and hiring from Apple’s previous plans set in 2021, when the company said it would invest $430 billion and add 20,000 jobs in the U.S. over five years.