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Apple announces chip deal with Broadcom worth more than $30 billion

Apple has committed to a $30 billion agreement to source wireless components manufactured domestically by Broadcom.

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2110Jul 8 15:29Jul 9 03:29 UTC

The brief

Apple is entering a multi-billion dollar deal with Broadcom to procure chips produced within the United States. This partnership focuses specifically on the production of wireless components.

Reports indicate the deal will facilitate the expansion of a factory located in Colorado. Future updates will track the progress of the facility expansion.

Coverage does not yet specify a timeline for the manufacturing rollout or the specific device models that will integrate these chips.

Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: unsupported claims removed (83% supported) Updated 4m ago.

Quick answers

How much is the deal worth?

The agreement is valued at more than $30 billion.

Where will the chips be produced?

The components are manufactured in the United States, with reports noting an expansion to a factory in Colorado.

What type of chips are included in the agreement?

The deal focuses on the production of wireless chips.

Coverage (4)

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Related trends

↑ Rising Business 🔮 holds

Apple to buy $30bn of US-made chips from Broadcom

Apple has entered a $30 billion agreement with Broadcom to purchase US-made chips, marking the largest American manufacturing deal in the company's history.

7 sources 8 articles v 5 3h ago