Apple secures $30 billion Broadcom deal to produce chips in the United States

Apple announced a multi‑year agreement with Broadcom worth more than $30 billion, extending through 2031. The deal will have Broadcom manufacture over 15 billion custom silicon components – including AI accelerators, Wi‑Fi, Bluetooth and RF chips – in U.S. facilities, expanding Broadcom’s plant in Fort Collins, Colorado. The partnership is a core element of Apple’s American Manufacturing Program, aimed at strengthening its domestic supply chain and creating hundreds of high‑skill jobs.

For Broadcom, the contract reduces the risk of a sudden revenue loss from its largest customer, Apple, which accounts for roughly 20 % of its sales. The news lifted Broadcom’s share price and prompted several institutional investors, such as Midwest Trust Co. and Vanguard, to increase their holdings. Analysts view the agreement as a solid revenue visibility boost, though not a transformative change to Broadcom’s overall earnings.

The deal also fits into a broader push by Apple and its partners – including TSMC, GlobalFoundries and others – to expand U.S. semiconductor production, supporting the company’s $600 billion investment commitment in the country.