Apple Plans Texas Factory for AI Servers, 20,000 Research Jobs
Apple will work with Foxconn to build a $500 billion server factory in Texas by 2026 to build artificial intelligence servers and add about 20,000 research and development jobs across the U.S. The company's plans include investing in advanced manufacturing and expanding its supply chain within the country. Apple aims to increase its production of AI-powered products, including chips and data center equipment.
- This expansion marks a significant shift for Apple, which has historically relied on overseas assembly, as it seeks to strengthen its presence in the U.S. technology industry.
- How will this investment strategy impact the balance between American innovation and global supply chain dependencies within the tech sector?