Apple said it plans to spend and invest more than $500 billion in the U.S. over the next four years. As part of the U.S. investments, Apple will work with manufacturing partners to begin production of servers in Houston later in the current year. The facility, slated to open in 2026, will create thousands of jobs. As part of the new investment, Apple is doubling its U.S. Advanced Manufacturing Fund. The growing commitment will increase the fund from $5 billion to $10 billion.
In the next four years, Apple plans to hire around 20,000 people, of which the vast majority will be focused on R&D, silicon engineering, software development, and AI and machine learning. The company said the expanded commitment includes significant investment in Apple's R&D hubs across the country.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.