BUZZ-Apple plans to spend more than $500 bln in US over next four years, shares down

Apple's AAPL.O shares down 1.3% at $242.37 premarket

The iPhone maker plans to spend more than $500 bln in the U.S. over the next four years

Company also plans to help bring online a factory in Texas by 2026 to build AI servers and will add about 20,000 research and development jobs across the U.S.

Apple will work with Hon Hai Precision Industry's 2317.TW Foxconn to build a 250,000-squre-foot facility in Houston, where it will assemble servers that go into data centers to power Apple Intelligence

Up to last close, AAPL shares have risen ~35% in the past 12 months