Apple to open Houston manufacturing facility as part of $500 billion investment (update)
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 to Open 250,000 SF Manufacturing Facility in Houston
Apple (NASDAQ: AAPL) will open a 250,000-square-foot manufacturing facility in Houston. Apple plans to use its new Houston facility, which is expected to come on line in 2026, to manufacture servers that support the company’s artificial intelligence projects and programs.
Apple plans a $500 billion U.S. investment, including building an AI server factory in Houston, to create 20,000 jobs.
Apple (NASDAQ:AAPL) said it has planned to spend and invest more than $500 billion in the U.S. over the next four years. The ...
Apple’s (NASDAQ:AAPL) capex over the past few years has been much lower than that of other tech giants but the company appears intent on ...
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