Apple and Broadcom Announce $30B+ US Chip Manufacturing Deal
A new long-term agreement between Apple and Broadcom is valued at over $30 billion and aims to produce more than 15 billion U.S.-made chips, with expansion at a Colorado facility.
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Apple and Broadcom have entered into a new long-term deal valued at over $30 billion to manufacture semiconductors in the United States. The agreement is expected to produce more than 15 billion U.S.-made chips and includes expansion of operations at a Colorado facility.
The partnership underscores Apple's ongoing commitment to domestic chip production. Broadcom will serve as a key supplier under the multi-year agreement, further strengthening ties between the two tech giants.
Source: First Squawk