Apple announced a $30 billion multiyear deal with Broadcom to design and produce custom silicon and wireless components in the US, including a $1.5 billion upgrade to Broadcom's Fort Collins facility. This deal will produce over 15 billion chips domestically and support hundreds of American jobs, advancing Apple's goal to build a US-based silicon supply chain. The partnership strengthens Apple's $600 billion investment pledge in the US economy over four years, focusing on manufacturing, job creation, and technology development. The new capacity timeline was not disclosed.
Apple has signed a multiyear deal worth over $30 billion with Broadcom to design and produce more than 15 billion custom wireless chips made in the U.S. The agreement includes a $1.5 billion investment from Apple to expand Broadcom's manufacturing fa...
Apple announced a $30 billion investment to extend its partnership with Broadcom for producing custom chips. Despite this large commitment, shares of both Apple and Broadcom declined due to broader challenges in the semiconductor industry. This deal ...
Apple has started testing DRAM chips from China's state-backed ChangXin Memory Technologies (CXMT) for devices sold within China. The company is lobbying the US government to allow broader use of CXMT's products despite rising geopolitical tensions a...
Samsung's earnings report caused a sharp decline in chip stocks, particularly those tied to AI hardware, as investors questioned demand for memory chips. This led to a sell-off in companies like Micron. However, investors rotated their focus back to ...
Netflix, Disney, and YouTube are among the companies interested in acquiring the U.S. broadcast rights for the 2030 and 2034 FIFA World Cups, with media executives budgeting between $1.5 billion and $2 billion for each tournament. FIFA plans to sell ...
