Broadcom and Apple extended their chip supply agreement through 2031, covering custom ASIC silicon for iPhones and other devices. AVGO shares rose nearly

July 6 : Broadcom said on Monday it has agreed to expand its partnership with Apple through 2031 to develop and supply a range of custom chips, sending the shares of the chipmaker…

Broadcom has been a supplying key components to Apple for a very long time, including custom radio frequency chips used in iPhones, Wi-Fi and Bluetooth connectivity chips and…