Apple is expanding its U.S. chip manufacturing push through a new $30 billion deal with Broadcom, the iPhone maker said on July 8.
The two tech giants have worked together for years, with Broadcom supplying the company with radio-frequency components, Bluetooth, and other connectivity semiconductors.
As part of a new multiyear agreement, about 15 billion semiconductors will be produced domestically, supporting hundreds of jobs. The bolstered partnership also includes a $1.5 billion expansion of Broadcom’s Colorado facility.
“The cutting-edge components built in [Fort Collins, Colorado,] are essential to delivering the incredible performance and connectivity our customers expect, and we’re proud to deepen our investments in U.S.-based suppliers that share our commitment to excellence and innovation,” CEO Tim Cook said in a statement….
