Spending ranges from new AI server factory in Texas to film and TV content and may add 20,000 jobs

Apple said on Monday it would spend $500bn in US investments in the next four years that will include a giant factory in Texas for artificial intelligence servers and add about 20,000 research and development jobs across the country in that time.

That $500bn in expected spending includes everything from purchases from US suppliers to US filming of television shows and movies for its Apple TV+ service. The company declined to say how much of the figure it was already planning to spend with its US supply base, which includes firms such as Corning that makes glass for iPhones in Kentucky.