Apple commits over $30B to Broadcom for US-made chips through 2031
Apple committed more than $30 billion to Broadcom through 2031 for custom ASIC and wireless silicon, its largest U.S. manufacturing pledge to date and the biggest single piece of its $600 billion domestic investment plan. The deal covers 15 billion U.S.-made chips and a $1.5 billion expansion of Broadcom's Fort Collins, Colorado plant, moving a core slice of the iPhone silicon supply chain onshore as political pressure reshapes where chips get built.
Source: cnbc.com ↗
Apple has been working with the Administration and businesses across the U.S. to help create an end-to-end silicon supply chain in America, and today's announcement advances those efforts.
Apple
Why this matters
- → Moves 15 billion chips of iPhone supply chain onshore, reducing China dependence.
- → Largest single U.S. manufacturing bet signals Apple's political alignment with Trump agenda.
- → Broadcom gains $30B anchor customer through 2031, stabilizing domestic chip capacity.
Reshoring the iPhone