Broadcom Announces $30 Billion Multiyear Agreement with Apple for Custom Chip Production
Broadcom (AVGO) has signed a multiyear agreement worth over $30 billion to design and build custom chips and wireless components for Apple's products. The deal is expected to produce more than 15 billion American-made chips, highlighting Broadcom’s continued role in supplying hardware for iPhones despite its recent focus on AI semiconductors.
Topics: AI Chips Partnership Semiconductors Technology