Apple Commits $60 Billion to Texas Manufacturing Ahead of CEO Transition
Apple’s leadership handoff comes with a strategic $60 billion push to expand Texas manufacturing, aiming to reduce exposure to trade-policy shocks and keep profit momentum intact. A planned Houston facility will build the Mac mini and act as a shipping hub for advanced AI servers, despite continued overseas iPhone assembly. Apple calls it its largest U.S. manufacturing commitment and ties it to margins and earnings resilience amid tariff refunds.