📰 Apple has signed a multiyear agreement with Broadcom worth more than $30 billion to design and produce custom silicon and wireless connectivity chips for Apple devices. As part of the deal, Broadcom will manufacture over 15 billion wireless chips for Apple products in the US.
🏭 The agreement also includes a $1.5B investment to expand and modernize Broadcom's manufacturing facility in Fort Collins, Colorado, which will produce advanced RF components (including FBAR filters) and wireless connectivity technology.
ℹ️ This is Apple's largest commitment yet under its American Manufacturing Program (AMP) – and part of the company's broader pledge to invest $600B in the US economy over the next four years.
@DailyApple