Apple CEO Tim Cook Announces $30 Billion Broadcom Deal to Produce 15 Billion Chips

Apple has announced a landmark $30 billion partnership with Broadcom to design and produce over 15 billion custom silicon chips through 2031, including wireless connectivity components. The deal includes a $1.5 billion investment by Broadcom to expand its Fort Collins facility and is part of Apple's American Manufacturing Program. The agreement strengthens Broadcom's position in custom ASIC design for AI infrastructure and provides significant revenue visibility.