Investing
Apple inks multi-billion-dollar deal with Broadcom for U.S.-made chips
© Reuters. FILE PHOTO: The Apple Inc logo is seen at the entrance to the Apple store in Brussels, Belgium November 28, 2022. REUTERS/Yves Herman/
(Reuters) – Apple Inc (NASDAQ:) on Tuesday said it has entered a multi-billion-dollar deal with chipmaker Broadcom (NASDAQ:) Inc to use chips made in the United States.
Under the multi-year deal, Broadcom will develop 5G radio frequency components with Apple that will be designed and built in several U.S. facilities, including Fort Collins, Colorado, where Broadcom has a major factory, Apple said.
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