Apple expands Broadcom deal to over $30B for U.S. chip production

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Apple to increase spend with Broadcom to produce billions more U.S. chips

July 8, 2026 6:00 AM EDT

New multiyear agreement includes expansion to facility in Fort Collins, Colorado

CUPERTINO, Calif.--(BUSINESS WIRE)-- Apple® today announced a new multiyear commitment with Broadcom to design and produce custom silicon components and cutting-edge wireless connectivity technologies for a wide range of Apple products. The new agreement, expected to exceed $30 billion, will lead to the production of more than 15 billion U.S.-made chips and support hundreds of American jobs. Apple has been working with the administration and businesses across the U.S. to help create an end-to-end silicon supply chain in America, and todays announcement advances... More