Apple commits over $30 billion to Broadcom chip supply

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Apple commits over $30 billion to Broadcom chip supply
Business

Yahoo! Finance

Apple will invest more than $30 billion under a long-term semiconductor supply agreement with Broadcom that runs through 2031, the companies said. The partnership centers on FBAR radio-frequency filters, components jointly developed since at least 2023, and it is expected to result in manufacture of at least 15 billion chips. Broadcom will invest $1.5 billion to expand its Fort Collins, Colorado production facility. Apple framed the deal as part of a strategy to source more key components from U.S.-based suppliers and thanked the president and his administration for support.

Apple will source at least 15 billion FBAR chips under the deal

Context

Broadcom announced a supply agreement with Apple earlier this week. Apple confirmed the deal covers FBAR radio-frequency filters and runs through 2031. Broadcom will expand its Fort Collins plant and production will proceed under the…

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