Apple to produce Made in America wireless chips with Broadcom
Key Points:
- Apple has entered a multiyear agreement worth over $30 billion with Broadcom to design and manufacture more than 15 billion custom wireless connectivity chips in the U.S. for Apple products.
- The deal includes a $1.5 billion capital investment from Apple to expand Broadcom’s manufacturing facility in Fort Collins, Colorado.
- This partnership builds on Apple’s existing relationship with Broadcom, its primary supplier for wireless hardware components.
- The agreement aligns with Apple’s broader commitment to invest $600 billion in the U.S. economy over the next four years, partly in response to pressure from the Trump administration.
- Apple expects the deal to create “hundreds of American jobs,” a modest number relative to the $30 billion investment.