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Apple commits $30 billion to Broadcom for U.S. chipmaking push
Apple said it's expanding its partnership with chipmaker Broadcom in a multi-year deal expected to exceed $30 billion, marking the iPhone maker's largest U.S. manufacturing commitment to date.
AI Summary
Apple announced a multi‑year partnership with Broadcom that is expected to exceed $30 billion, the largest U.S. manufacturing commitment the iPhone maker has made. The deal expands Apple’s collaboration with the chipmaker. Broadcom’s shares rose nearly 5 % after the announcement on Wednesday. No further details about the terms or timeline were provided.
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