Apple commits $500B to US manufacturing, including a new AI server facility in Houston
1. Apple commits $500B over 4 years in the US. Focus areas: manufacturing, AI, education. 2. New AI server plant announced in Houston, TX. Completion expected by 2026. 3. US Advanced Manufacturing Fund doubled to $10B. Supporting domestic production growth. 4. Expansion of data center AI compute outlined. Energy efficiency and renewables emphasized. 5. Plan to add 20,000 jobs announced. US employment benefits may follow.