Apple announces chip deal with Broadcom worth more than $30 billion - Yahoo Finance
Apple has signed a multiyear deal with Broadcom valued at over $30 billion to develop custom 5G and wireless connectivity chips. The agreement is part of Apple's American Manufacturing Program, which aims to increase domestic production and modernize facilities in Colorado.
Why it matters
The deal underscores Apple's strategy to reduce reliance on foreign chip suppliers and strengthens the domestic semiconductor supply chain in the United States.
Apple announces chip deal with Broadcom worth more than $30 billion Daniel Howley · Technology Editor Wed, July 8, 2026 at 6:00 AM EDT 2 min read AAPL +0.88% AVGO +4.83% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
The article provides factual business reporting on a corporate partnership and its economic implications.
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