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 facility in Colorado. This move supports Apple's $600 billion commitment to the U.S. economy and aims to create hundreds of American jobs, reinforcing its supply chain amid past political pressures to bring manufacturing stateside. However, iPhone assembly will continue overseas for now.
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 dome...
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 ...
