Apple Inks Multi-Billion-Dollar Deal With Broadcom for US-Made Chips

Apple Inks Multi-Billion-Dollar Deal With Broadcom for US-Made Chips
A women uses an iPhone mobile device as she passes a lighted Apple logo at the Apple store at Grand Central Terminal in New York on April 14, 2023. Mike Segar/Reuters
Reuters
Updated:

Apple Inc. on Tuesday said it has entered a multi-billion-dollar deal with chipmaker Broadcom Inc. to use chips made in the United States.

Under the multi-year deal, Broadcom will develop 5G radio frequency components with Apple that will be designed and built in several U.S. facilities, including Fort Collins, Colorado, where Broadcom has a major factory, Apple said.