Apple announces chip deal with Broadcom worth more than $30 billion
Apple has entered a wireless chip deal with Broadcom valued at over $30 billion, sparking a rise in Broadcom's stock.
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The brief
Apple and Broadcom have announced a chip deal exceeding $30 billion. The agreement focuses on the production of wireless chips made in America.
Coverage from Reuters and TechCrunch emphasizes that the deal will lead to the expansion of a factory in Colorado. Barron's reports that the announcement has boosted Broadcom's stock price.
Further developments will likely center on the expansion of the Colorado facility and the implementation of the wireless chip production.
Synthesized by Archynetys from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 9m ago.
Quick answers
How much is the Apple-Broadcom deal worth?
The deal is worth more than $30 billion.
Where will the chips be produced?
The chips will be made in America, with Reuters reporting that a Colorado factory will expand.
What type of chips are being produced?
The deal is for the production of wireless chips.
Coverage (5)
- Apple to Spend $30 Billion on U.S.-Made Chips From Broadcom WSJ · 6h ago
- Apple’s $30 Billion Chip Deal Boosts Broadcom Stock Barron's · 6h ago
- Apple to produce Made in America wireless chips with Broadcom TechCrunch · 15h ago
- Roundup: Broadcom-Apple deal / Back-to-school shopping / Ebola Baton Rouge Business Report · 15h ago
- Apple to spend $30 billion in Broadcom chips deal that will see Colorado factory expand Reuters · 15h ago
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