{"id":750427,"date":"2026-07-08T11:59:12","date_gmt":"2026-07-08T11:59:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/750427\/"},"modified":"2026-07-08T11:59:12","modified_gmt":"2026-07-08T11:59:12","slug":"apple-commits-30-billion-to-broadcom-for-u-s-chipmaking-push","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/750427\/","title":{"rendered":"Apple commits $30 billion to Broadcom for U.S. chipmaking push"},"content":{"rendered":"<p><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/07\/108331946-17835067631783506761-47032513784-1080pnbcnews.jpg\" alt=\"Apple commits $30 billion to Broadcom for U.S. chipmaking push\"\/><\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/quotes\/AAPL\/\" rel=\"nofollow noopener\" target=\"_blank\">Apple<\/a> said it&#8217;s expanding its partnership with chipmaker <a href=\"https:\/\/www.cnbc.com\/quotes\/AVGO\/\" rel=\"nofollow noopener\" target=\"_blank\">Broadcom<\/a> in a multi-year deal expected to exceed $30 billion, marking the iPhone maker&#8217;s largest U.S. manufacturing commitment to date.<\/p>\n<p>The agreement, announced by Apple on Wednesday, will lead to the production of more than 15 billion U.S.-made chips and includes a $1.5 billion expansion of Broadcom&#8217;s facility in Fort Collins, Colorado. Apple didn&#8217;t provide a timeline for when the new capacity will come online.<\/p>\n<p>Broadcom has long supplied Apple with connectivity components, but the new agreement deepens that relationship around U.S.-made custom silicon. Apple said Broadcom will make wireless components used to help devices connect to cellular, Wi-Fi and Bluetooth networks.<\/p>\n<p>Broadcom disclosed in a filing with the <a href=\"https:\/\/investors.broadcom.com\/static-files\/4fce87b9-0d52-49ca-affe-a0f015803121\" target=\"_blank\" rel=\"nofollow noopener\">Securities and Exchange Commission<\/a> on Monday that it had entered into new long-term agreements with Apple to develop and supply &#8220;custom ASIC silicon products&#8221; for multiple generations of Apple products through 2031. ASICs are application-specific integrated circuits and are increasingly being used for artificial intelligence workloads.<\/p>\n<p>For <a href=\"https:\/\/www.cnbc.com\/tim-cook\/\" rel=\"nofollow noopener\" target=\"_blank\">Tim Cook<\/a>, Apple&#8217;s outgoing CEO, the agreement marks his latest push to invest in American manufacturing, a major point of emphasis for the Trump administration. It&#8217;s the biggest piece of his company&#8217;s <a href=\"https:\/\/www.cnbc.com\/2026\/03\/26\/apple-american-manufacturing-program-trump.html\" rel=\"nofollow noopener\" target=\"_blank\">$600 billion, four-year U.S. investment plan<\/a>, announced in 2025, and marks the largest commitment to date under its American Manufacturing Program, or AMP, launched to expand domestic production across its supply chain.<\/p>\n<p>&#8220;Apple has been working with the Administration and businesses across the U.S. to help create an end-to-end silicon supply chain in America, and today&#8217;s announcement advances those efforts,&#8221; Apple said in the release.<\/p>\n<p>Cook said the components built in Fort Collins are &#8220;essential&#8221; to the performance and connectivity Apple customers expect, and he thanked <a href=\"https:\/\/www.cnbc.com\/donald-trump\/\" rel=\"nofollow noopener\" target=\"_blank\">President Donald Trump<\/a> and his administration for supporting the project.<\/p>\n<p>Broadcom CEO Hock Tan said Apple&#8217;s commitment will help the chipmaker expand its manufacturing footprint in Fort Collins.<\/p>\n<p>WATCH: <a href=\"https:\/\/www.cnbc.com\/video\/2026\/07\/02\/apple-faces-ai-memory-crunch-with-upcoming-iphone-lineup.html\" rel=\"nofollow noopener\" target=\"_blank\">Apple faces AI memory crunch with upcoming iPhone lineup<\/a><\/p>\n<p><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/07\/108330036-17830076731783007670-46911657894-1080pnbcnews.jpg\" alt=\"Apple faces AI memory crunch with upcoming iPhone lineup\"\/><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Apple said it&#8217;s expanding its partnership with chipmaker Broadcom in a multi-year deal expected to exceed $30 billion,&hellip;\n","protected":false},"author":2,"featured_media":750428,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[11623,5681,37246,28,122,1072,12,88,214219,74,147571,4532,21],"class_list":["post-750427","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-apple-inc","tag-breaking-news-technology","tag-broadcom-inc","tag-business","tag-business-news","tag-donald-j-trump","tag-donald-trump","tag-entertainment","tag-ishares-semiconductor-etf","tag-technology","tag-technology-select-sector-spdr-fund","tag-tim-cook","tag-united-states"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/750427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=750427"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/750427\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/750428"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=750427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=750427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=750427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}