Apple Puts $60B into Texas Ahead of CEO Transition, Eyes AI-Driven Future

Apple has committed $60 billion to Texas as part of its broader $600 billion domestic investment plan. This represents one of the largest single-state corporate manufacturing pledges in recent memory, with a focus on advanced AI server production and Mac mini assembly at a new Houston facility.

The timing is significant, coming ahead of Apple CEO Tim Cook's transition to executive chairman on September 1, 2026, when John Ternus takes over as CEO. The Houston Advanced Manufacturing Center has already opened, allowing Cook to cut the ribbon on his way out.

Apple initially announced a $500 billion US investment commitment in early 2025, which was later increased to $600 billion with the launch of the American Manufacturing Program (AMP). This program includes a $2.5 billion partnership with Corning for cover glass production in Kentucky and over $30 billion in contracts with Broadcom for chips manufactured in the US.

The decision to build AI server production capacity in Houston signals Apple's focus on on-device and cloud AI, while the TSMC Arizona facility producing over 100 million chips for Apple in 2026 reflects a broader industry shift towards onshoring chip fabrication. This trend is driven by federal subsidies aimed at rebuilding US semiconductor capacity.