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7 sources·Started 20d ago·Updated 19d ago
Apple and Broadcom Renew $30 Billion Chip Supply Deal Through 2031
AppleBroadcomTim CookFort CollinsTrump administrationTSMCFBAR filtersAmerican Manufacturing Program
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Apple and Broadcom have announced a multi-year partnership expansion valued at over $30 billion, marking Apple's largest U.S. manufacturing commitment to date. The deal will produce more than 15 billion U.S.-made chips and includes a $1.5 billion investment to expand Broadcom's facility in Fort Collins, Colorado. Source: CNBC Source: Engadget
What's in the deal
Broadcom will design and manufacture custom wireless connectivity chips for Apple products, including components for cellular, Wi-Fi, and Bluetooth. Source: The Next Web The agreement builds on a long-term custom silicon contract Broadcom disclosed earlier this week, extending through 2031. Source: Ground News Apple will invest $1.5 billion in Broadcom's Fort Collins site for advanced radio-frequency components like FBAR filters. Source: Engadget
The broader context
The deal is the largest piece of Apple's $600 billion U.S. investment plan, announced in response to pressure from the Trump administration to reshore manufacturing. Source: Fox Business While Apple touts job creation, one source notes the "hundreds of American jobs" is relatively small compared to the investment size. Source: TechCrunch Notably, CNN reports the agreement will lead to the production of 15 million chips, contradicting other outlets' figure of 15 billion chips. Source: CNN Apple continues to rely on TSMC for its main processors but seeks to diversify its supply chain away from Taiwan. Source: CNN
Story timeline · 4 earlier headlines
- Apple and Broadcom sign $30 billion US chipmaking deal20d ago · 4 sources
- Apple invests $30 billion with Broadcom for US chip manufacturing20d ago · 3 sources
- Apple commits $30 billion to Broadcom for US chip manufacturing20d ago · 4 sources
- Apple commits $30 billion to Broadcom for US-made chips19d ago · 6 sources
- Apple and Broadcom Renew $30 Billion Chip Supply Deal Through 2031current
Sources
6 quotesCNBC↗
“Apple said it's expanding its partnership with chipmaker Broadcom in a multi-year deal expected to exceed $30 billion, marking the iPhone maker's largest U.S. manufacturing commitment to date.”
Engadget↗
“Apple announced it has signed a $30 billion deal with Broadcom to purchase wireless chips made in the US.”
The Next Web↗
“The scale is the story. The deal should yield more than 15 billion US-made chips and support hundreds of American jobs. It also funds a $1.5 billion expansion of Broadcom's plant in Fort Collins, Colorado.”
Fox Business↗
“"This is another major win for America and another sign that the Trump administration’s economic agenda is delivering results," a Trump administration official told Fox News Digital.”
CNN↗
“The agreement with Broadcom will lead to the production of 15 million chips in United States and allow Broadcom (AVGO) to invest $1.5 billion to expand and modernize its manufacturing facilities in Fort Collins, Colorado.”
TechCrunch↗
“Apple promises the commitment with Broadcom will lead to "hundreds of American jobs," a relatively small number compared to the $30 billion price tag.”