Overview
- Apple confirmed on July 8 that it expanded a multi‑year agreement with Broadcom expected to exceed $30 billion to design and produce more than 15 billion chips in the United States while supporting hundreds of American jobs.
- Broadcom disclosed in an SEC filing that the pact covers development and supply of custom ASIC silicon products through 2031, giving the company long‑term revenue visibility.
- The work centers on wireless connectivity parts such as FBAR radio‑frequency filters that handle cellular, Wi‑Fi and Bluetooth signals and that Apple continues to source from Broadcom despite its own modem efforts.
- Broadcom will invest about $1.5 billion to expand and modernize its Fort Collins, Colorado facility to support the program, but neither company has provided a timeline for when the new U.S. capacity will become operational.
- Apple called the agreement its largest single commitment under the American Manufacturing Program and tied it to its broader $600 billion U.S. investment pledge, signaling a targeted push to reshore critical components of its silicon supply chain.