Broadcom, Apple extend chip partnership through 2031
Broadcom and Apple have secured a five-year agreement for the supply of custom ASIC chips, extending their partnership through 2031.
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The brief
Broadcom and Apple have extended their custom chip supply deal. Under the new five-year agreement, Broadcom will continue to provide custom ASIC chips to Apple through 2031.
Coverage from Reuters, Bloomberg, and qz.com emphasizes the extension of the partnership, while Seeking Alpha and Yahoo Finance highlight the subsequent rise in Broadcom's stock (AVGO). Future developments center on the implementation of this supply deal over the coming years as the partnership continues through 2031.
Synthesized by Archynetys from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated just now.
Quick answers
How long is the new chip deal?
The agreement is a five-year deal.
What specific products is Broadcom providing?
Broadcom is providing custom ASIC chips.
Until when does this partnership extend?
The partnership extends through 2031.
Coverage (9)
- Apple radio chips switch likely to take five more years, suggests Broadcom deal 9to5Mac · 2h ago
- Broadcom Stock (AVGO) Jumps on Expanded Custom Chip Deal with Apple TipRanks · 2h ago
- Broadcom Rallies 6% on a Broadened Apple Partnership as AMD Gains 10%, Intel Rises 5% 24/7 Wall St. · 2h ago
- Broadcom, Apple Expand Partnership to 2031 With Custom Chips Yahoo Finance · 2h ago
- Broadcom gains after landing five-year deal with Apple to provide custom ASIC chips Seeking Alpha · 3h ago
- Apple and Broadcom extend custom chip supply deal through 2031 qz.com · 3h ago
- AVGO Stock Is Rising Today Yahoo Finance · 3h ago
- Broadcom Expands Work for Apple, Supplying Products Through 2031 Bloomberg.com · 3h ago
- Broadcom, Apple extend chip partnership through 2031 Reuters · 3h ago
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