In its announcement, external, Apple said its investment was its “largest-ever spend commitment” and would expand its support for American manufacturing.
“We are bullish on the future of American innovation,” Cook said.
The new 250,000 sq ft factory in Houston, Texas, is set to produce servers that were “previously manufactured outside the US” to support Apple Intelligence, the company’s AI system, the company said.
The iPhone maker added it would open in 2026 and create thousands of jobs.
Apple is also expanding its data centre capacity in North Carolina, Iowa, Oregon, Arizona and Nevada, and doubling its support for a fund dedicated to US manufacturing, which it created in Trump’s first term, from $5bn to $10bn.
Trump previewed the announcement last week, claiming it was partially a response to his trade policies, including tariffs.
On Monday, the president took credit for the news on social media, saying the reason for the investment was “faith in what we are doing, without which, they wouldn’t be investing ten cents”.