Apple and Broadcom sign $30 billion deal for US-based chip manufacturing

Agence France-Presse

1h ago· 2 min readenNews

Summary

Apple announced a multiyear agreement worth over $30 billion with Broadcom to design and produce chips in the United States. The deal will yield more than 15 billion domestically manufactured chips and is part of Apple's broader $600 billion investment pledge to the US economy over four years. The announcement comes amid ongoing pressure from President Trump over Apple's reliance on overseas manufacturing, primarily in China.

Source

bskyApple and Broadcom sign $30 billion deal for US-based chip manufacturingmanilatimes.net

Key quotes

· 3 pulled

Apple on Wednesday announced a multiyear agreement worth more than $30 billion with chipmaker Broadcom to design and produce chips in the United States.

The deal, which would yield more than 15 billion domestically manufactured chips, forms part of Apple's broader pledge made to the Trump administration to invest $600 billion in the US economy over four years.

Apple under outgoing CEO Tim Cook has faced sustained pressure from President Donald Trump over its heavy reliance on overseas manufacturing, mainly in China.

Snippet from the RSS feed

SAN FRANCISCO, United States — Apple on Wednesday announced a multiyear agreement worth more than $30 billion with chipmaker Broadcom to design and produce chips in the United States.

You might also wanna read

Apple announces its largest US manufacturing investment: a $30B Broadcom chip contract

9to5mac.com·5h ago

Apple Commits $30 Billion to Broadcom for U.S. Manufacturing: A Game-Changing Partnership Reshaping the Semiconductor Landscape

BrightCoding·3h ago

Comments

No comments yet. Be the first.