Apple added a bit more insight into that Broadcom deal announced a few days ago. It’s expected to “exceed $30 billion” and “lead to the production of more than 15 billion US-made chips” and “hundreds of American jobs.” The announcement comes with a line of obligatory flattery from CEO Tim Cook: > “We’re grateful to the president and his administration for supporting important projects like this one.” [Link: Apple to increase spend with Broadcom to produce billions more U.S. chips | https://www.apple.com/newsroom/2026/07/apple-to-increase-spend-with-broadcom-to-produce-billions-more-us-chips/ | Apple Newsroom]

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…

Apple and Broadcom have expanded their partnership through 2031, with new agreements to design custom chips across multiple generations of Apple products.