Apple and Broadcom Sign $30B Chip Production Deal in the US
Photo: ITmedia
Quick answer
Apple and Broadcom have inked a deal worth over $30 billion to produce more than 15 billion chips in the US. The agreement is the largest under Apple’s Advanced Manufacturing Fund (AMP) to localize production.
Apple has signed a multi-year agreement with semiconductor manufacturer Broadcom to develop and produce custom microchips and wireless technologies. Valued at over $30 billion, this deal is the largest transaction under Apple’s Advanced Manufacturing Fund (AMP) to localize production in the US.
Under the terms of the agreement, Broadcom will ensure the production of over 15 billion chips within the United States. The AMP program, launched last year, aims to support American manufacturing and technological independence. Apple CEO Tim Cook emphasized the importance of collaborating with the US administration to execute this project.
The contract covers not only production but also joint development of new semiconductor technologies. This agreement will strengthen Apple’s position in the custom chip segment, which enhances performance and energy efficiency in the company’s devices.
Common questions
- Which companies are involved in the deal?
- The agreement involves Apple and Broadcom, covering the development of custom chips and wireless technologies.
- What is the value of the Apple-Broadcom contract?
- The deal exceeds $30 billion and includes the production of over 15 billion chips in the US.
- Which program does this contract fall under?
- The contract is part of Apple’s Advanced Manufacturing Fund (AMP), launched in 2023 to strengthen US-based production.
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