Trump effect: Apple to invest $500 billion in US, plans to hire 20,000 new employees

American tech giant, Apple, has announced that it will invest $500 billion (₹41.5 lakh crore) in the United States over the next four years. Apple also confirmed plans to hire 20,000 new employees, marking its largest domestic investment to date.

Apple’s initiative comes after Donald Trump threatened to impose an additional 10% tariff on Chinese imports.

“As a proud American company, we’re thrilled to continue to make significant investments in the US. Today, we’re announcing a $500 billion commitment to support American innovation, advanced manufacturing, and high-tech job creation,” said Apple CEO Tim Cook on Monday.

“From doubling our Advanced Manufacturing Fund, to building advanced technology in Texas, we’re thrilled to expand our support for American manufacturing. And we’ll keep working with people and companies across this country to help write an extraordinary new chapter in the history of American innovation,” the company’s release stated.

The $500 billion commitment includes Apple’s work with thousands of suppliers across all 50 states, direct employment, Apple Intelligence infrastructure and data centers, corporate facilities, and Apple TV+ productions in 20 states. 

As part of its new investments, Apple will work with manufacturing partners to begin production of servers in Houston later this year. A 2,50,000-square-foot server manufacturing facility, slated to open in 2026, will create thousands of jobs.