CNBC February 24, 2025
Key Points
– Apple said it will work with partners to open a 250,000-square-foot AI server manufacturing facility in Houston.
– The new factory, which is slated to open in 2026, will form part of a $500 billion investment in the U.S. over the next four years.
– In addition to the new Texas facility, Apple said it also plans to hire around 20,000 employees across the U.S. over the period.
Apple plans to open a new factory for artificial intelligence servers in Texas as part of a $500 billion investment in the U.S., the company said Monday.
The U.S. technology giant said it would work with partners to launch a 250,000-square-foot server manufacturing facility in Houston to produce servers...
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