First reported by MacRumors
Apple and Broadcom Extend Chip Supply Deal to 2031
Apple and Broadcom sign $30B+ deal for U.S.-made wireless chips
1h ago· 1 min readenNews
Summary
Apple has signed a multiyear deal worth over $30 billion with Broadcom to design and produce more than 15 billion custom wireless chips in the United States. Apple will invest $1.5 billion in capital expenditure to expand Broadcom's manufacturing capacity in Fort Collins, Colorado. The agreement builds on their existing supplier relationship and supports Apple's pledge to invest $600 billion in the U.S. economy over four years, a commitment made following pressure from the Trump administration.
Source
Key quotes
· 3 pulledApple signed a $30 billion+ multiyear deal with Broadcom to design and produce 15+ billion U.S.-made custom wireless chips for Apple products.
Apple will fund Broadcom's expansion with a $1.5 billion capital expenditure investment to grow manufacturing capacity in Fort Collins, Colorado.
The deal supports Apple's pledge to invest $600 billion in the U.S. economy over the next four years.
Apple signed a $30 billion+ multiyear deal with Broadcom to design and produce 15+ billion U.S.-made custom wireless chips for Apple products.
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