Apple Opens Houston Manufacturing Center and Receives $2.2B Tariff Refunds
Apple opened a 20,000 sq ft Houston Advanced Manufacturing Center, invested hundreds of millions, and started shipping AI servers after about a year, with Mac mini production planned later this year. Apple also received about $2.2B in tariff refunds last quarter. It is negotiating multiyear publisher licenses to feed current professional news into Siri AI, while iPhone demand cooled and a foldable iPhone Ultra is in development.