North America

Apple commits $30 billion to Broadcom for U.S. chipmaking push

Apple is expanding its Broadcom partnership in a chipmaking agreement worth more than $30 billion, which the company describes as its largest U.S. manufacturing commitment to date. The deal deepens a push to source more components domestically.

Semiconductor chip manufacturing facility
Semiconductor chip manufacturing facilityPhoto: Tima Miroshnichenko / Pexels
CNBC Top News2 h agoAAPL AVGO

Apple said it is deepening its long-running partnership with Broadcom through a new chipmaking agreement worth more than $30 billion, which it described as its largest U.S. manufacturing commitment to date.

Under the arrangement, Broadcom will supply wireless and custom components for Apple devices, with production tied to American facilities. Apple said the move helps diversify its supply chain and keep more manufacturing onshore.

According to CNBC, the commitment fits a wider trend of technology firms expanding domestic production. Apple has previously pledged to raise its U.S. investment over the coming years, and the Broadcom deal marks one of the biggest single steps in that plan.

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This article is an AI-curated summary of the original story published by CNBC Top News. The illustration is a stock photo by Tima Miroshnichenko from Pexels and is not from the original story.

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