The $500 billion in U.S. investments in the next four years will include a giant factory in Texas for artificial intelligence servers.

Apple announced what it called its largest-ever spend commitment, saying on Monday that the company will invest more than $500 billion over the next four years in U.S. jobs and facilities, specifically to power its AI infrastructure.

In November, Foxconn’s parent company, Taiwan-based Hon Hai Precision Industry Co., announced the acquisition of land and a facility to expand its artificial intelligence server production in the Houston area. That $225 million expansion is expected to create 300 jobs, per the GHP.

Apple has announced plans to invest $500 billion in the United States over the next four years, including a significant expansion of its

Apple Inc. says it plans to produce servers at a new manufacturing plant in Texas. The company announced the project as part of more than $500 billion it says it will spend in the U.S. over the next four years on a wide swath of items ranging from data centers to Apple TV+ productions.

Apple said Monday that it planned to spend $500 billion in the United States over the next four years, hire 20,000 people and open a new factory in Texas.

Apple has unveiled its largest-ever investment commitment in the U.S., pledging more than $500 billion over the next four years and creating 20,000 new jobs nationwide.

Apple's chip factory planned for Houston, Texas will manufacture AI servers that are equipped with high-end M5 chips, Apple analyst Ming-Chi

Apple has revealed it plans to invest billions of dollars in the U.S. The Big Tech firm's plans include a new AI server manufacturing facility