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Apple ( AAPL ) will work with Foxconn to build server factory by

2026

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Apple ( AAPL ) will spend $500 billion over four years with U.S.

suppliers

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Most Apple ( AAPL ) products still assembled overseas, but many

parts

made in U.S.

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Apple ( AAPL )

By Stephen Nellis

Feb 24 (Reuters) - Apple ( AAPL ) on Monday said it

plans to help bring online a quarter-million-square-foot factory

in Texas by 2026 to build artificial intelligence servers and

will add about 20,000 research and development jobs across the

U.S.

Apple ( AAPL ) said that it plans to spend $500 billion in the United

States over the next four years, though that figure includes

everything from purchases from U.S. suppliers to U.S. filming of

television shows and movies for its Apple TV+ service. The

company declined to say how much of the figure it was already

planning to spend with its existing U.S. supply base, which

includes firms such as Corning, which makes glass for

iPhones in Kentucky.

The move comes after media reports that Apple ( AAPL ) Chief

Executive Tim Cook met with President Donald Trump last week.

Many of Apple's ( AAPL ) products that are assembled in China could face

10% tariffs imposed by Trump earlier this month, though the

iPhone maker previously secured some waivers from China tariffs

during the first Trump administration.

Apple ( AAPL ) made a similar announcement about its U.S. spending

plans during the first Trump administration, at that time saying

it planned $350 billion over five years.

Most of Apple's ( AAPL ) consumer products are assembled outside the

U.S., though many of Apple ( AAPL ) components are still made there,

including chips from Broadcom ( AVGO ), SkyWorks Solutions ( SWKS )

and Qorovo. Apple ( AAPL ) also said that it last month

started mass producing chips of its own design at an Arizona

factory owned Taiwan Semiconductor Manufacturing Co ( TSM )

.

Bringing TSMC to Arizona and helping introduce legislation

that later became the CHIPS Act to bolster U.S. semiconductor

production were two of Trump's biggest industrial policy moves

during his first term.

Apple ( AAPL ) said on Monday that it will work with Hon Hai

Precision Industry's ( HNHPF ) Foxconn to build a

250,000-squre-foot facility in Houston, where it will assemble

servers that go into data centers to power Apple Intelligence,

its suite of AI features that help draft emails and perform

other tasks. Those servers are currently made outside of the

U.S., Apple ( AAPL ) said.

Apple ( AAPL ) also said it plans to increase its Advanced

Manufacturing Fund from $5 billion to $10 billion, with part of

the expansion being a "multibillion-dollar commitment from Apple ( AAPL )

to produce advanced silicon" at TSMC's Arizona factory. Apple ( AAPL )

did not disclose details of its deal with TSMC, but it has in

the past used the fund to help partners build out the

infrastructure needed to deliver products or services for Apple ( AAPL ).

Apple ( AAPL ) will also open a manufacturing academy in Michigan

where its engineers, along with local university staff, will

offer free courses for small and mid-sized manufacturing firms

in areas such as project management and manufacturing process

optimization.