First reported by MacRumors
Apple and Broadcom Extend Chip Supply Deal to 2031
Apple and Broadcom Announce $30 Billion Deal for U.S.-Made iPhone Chips
Apple has announced a landmark multiyear partnership with Broadcom valued at over $30 billion to produce more than 15 billion U.S.-made chips for its flagship products, securing a domestic supply chain through 2031. The deal solidifies Apple's wireless technology roadmap and reduces reliance on foreign chip manufacturing, representing Apple's largest domestic manufacturing investment to date.
Key quotes
Apple has announced its largest domestic manufacturing investment to date, forging a significant multiyear collaboration with chipmaker Broadcom valued at over $30 billion.
This strategic alliance will pave the way for the production of more than 15 billion U.S.-made chips, thereby securing a vital American supply chain for Apple's flagship products through 2031.
This momentous agreement serves a dual purpose for Apple: it not only solidifies its wireless technology roadmap but also acts as a safeguard against...
From the article
Apple secures a massive $30 billion deal with Broadcom to produce iPhone chips in the U.S., reshaping the tech supply chain landscape.
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