Apple has announced a new multiyear agreement with Broadcom expected to exceed $30 billion, aimed at designing and producing custom silicon components and wireless connectivity technologies for Apple products. The deal will result in over 15 billion U.S.-made chips and includes a $1.5 billion capital expenditure investment to expand Broadcom's manufacturing facility in Fort Collins, Colorado. This marks Apple's largest commitment under its American Manufacturing Program (AMP) and is part of Apple's broader pledge to invest $600 billion in the U.S. economy over four years.
2.8K Impressions