Broadcom and Apple extend 2031 chip-supply pact

1 min read
Source: Yahoo Finance
Broadcom and Apple extend 2031 chip-supply pact
Photo: Yahoo Finance
TL;DR Summary

Broadcom said it will extend its partnership with Apple through 2031 to design and supply custom chips, strengthening Apple’s access to wireless and RF components and boosting supply-chain resilience; Apple accounts for about 20% of Broadcom’s revenue, and the deal builds on a 2023 multibillion-dollar agreement for 5G radio-frequency components amid growing demand for advanced chips.

Share this article

Reading Insights

Total Reads

0

Unique Readers

8

Time Saved

16 min

vs 17 min read

Condensed

98%

3,20356 words

Want the full story? Read the original article

Read on Yahoo Finance