Apple announced a $500 billion investment plan focusing on U.S. innovation, aimed at enhancing manufacturing capacity. The funding will support AI development, silicon engineering, and a new server manufacturing facility in Houston. This venture, in collaboration with Foxconn, is expected to create thousands of jobs and sponsor educational institutions to train the future workforce. Apple is also doubling its Advanced Manufacturing Fund to stimulate high-quality manufacturing in America, signifying a substantial commitment to domestic technology development and innovation.
"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."
"The new server plant in Houston will produce servers used in data centers to power Apple Intelligence, which currently are manufactured outside the United States."
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