Apple expands U.S. chip sourcing with $30 billion Broadcom deal

Anabelle Colaco
09 Jul 2026, 20:44 GMT+10

Apple will spend more than US$30 billion on chips from Broadcom under a multi-year supply agreement running through 2031
The move expands its use of U.S.-made components as the Trump administration promotes domestic semiconductor manufacturing
Apple said that the agreement, finalized earlier this week, covers FBAR filters, radio-frequency chips used for wireless connectivity in its devices

SAN FRANCISCO, California: Apple will spend more than US$30 billion on chips from Broadcom under a multi-year supply agreement running through 2031, expanding its use of U.S.-made components as the Trump administration promotes domestic semiconductor manufacturing.

Shares of Broadcom rose more than four percent following the announcement, while Apple shares were little changed.

Apple said that the agreement, finalized earlier this week, covers FBAR filters, radio-frequency chips used for wireless connectivity in its devices. The company said it has been developing the chips with Broadcom since at least 2023.

As part of the deal, Broadcom will invest $1.5 billion to expand its manufacturing facility in Fort Collins, Colorado. Apple said the agreement is expected to result in the production of at least 15 billion chips while supporting its efforts to source more components within the United States.

"The cutting-edge components built in Fort Collins are essential to delivering the incredible performance and connectivity our customers expect, and we're proud to deepen our investments in U.S.-based suppliers that share our commitment to excellence and innovation," Apple Chief Executive Tim Cook said in a statement.

"We're grateful to the president and his administration for supporting important projects like this."

The announcement builds on Apple's broader commitment to expand investment in the United States. In August 2025, the company increased its planned U.S. investment to $600 billion over four years, adding $100 billion to a previously announced spending plan.