Apple’s decision this week to build a massive facility in Houston for making AI servers could mark a resurrection of the region's tech past that began with Texas Instruments in the 1970s, continued with Compaq Computer Corp.

Apple CEO Tim Cook announced a $500 billion investment in the U.S. over the next four years and plans to open a major facility in the Houston area.

Alongside establishing the new Texas facility, Apple announced plans to hire approximately 20,000 employees nationwide.