Apple is putting $60 billion into Texas as part of a broader $600 billion domestic investment plan that stretches from 2025 to 2029. The commitment, which includes a new Houston facility for advanced AI server production and Mac mini assembly, represents one of the largest single-state corporate manufacturing pledges in recent memory. The timing is not coincidental. Tim Cook transitions to executive chairman on September 1, 2026, handing the CEO title to hardware chief John Ternus. The Houston Advanced Manufacturing Center officially opened on August 13, 2026, giving Cook a ribbon to cut on his way out the door. The $600 billion roadmap Apple initially announced a $500 billion US investment commitment in early 2025. By August of that year, the company had added another $100 billion when it unveiled the American Manufacturing Program, or AMP, bringing the total to $600 billion over four years. The Texas allocation, at $60 billion, covers advanced AI server production, device assembly, and workforce training programs at the Houston facility. AMP also includes a $2.5 billion partnership with Corning for cover glass production in Kentucky. Apple has signed over $30 billion in contracts...
Apple commits $60B to domestic manufacturing ahead of CEO transition
1 month ago
29
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