Broadcom secured a $30 billion chip deal with Apple extending through 2031, marking the semiconductor company’s largest contract with the tech giant and Apple’s biggest U.S. manufacturing commitment to date. The multiyear agreement, announced on July 8, 2026, will lead to the production of more than 15 billion U.S.-made chips for a wide range of Apple products, according to Apple’s official newsroom statement.
The deal covers custom silicon components and cutting-edge wireless connectivity technologies, including advanced radio frequency components and FBAR filters. Broadcom will expand and modernize its manufacturing facilities in Fort Collins, Colorado, with a $1.5 billion capital expenditure investment as part of the agreement, the company confirmed.
Apple CEO Tim Cook said in the announcement that the partnership “further accelerates our commitment to American manufacturing and innovation.” He noted that the cutting-edge components built in Fort Collins are essential to delivering the performance and connectivity Apple customers expect. Broadcom President and CEO Hock Tan said the company was “pleased to expand our manufacturing footprint in Fort Collins, where we create groundbreaking technology that connects people around the world,” according to Apple’s statement.
The new agreement marks Apple’s largest commitment under its American Manufacturing Program (AMP), which the company launched last year to accelerate manufacturing in the U.S. Apple and Broadcom have a long history together, with the companies signing a multibillion-dollar agreement in 2023 covering 5G radio frequency components manufactured in the United States, according to MacRumors.
Broadcom stock responded positively to the announcement. Shares climbed more than 4 percent on the day of the announcement, according to multiple reports. The deal provides Broadcom with long-term revenue visibility and strengthens its position as a key supplier to one of the world’s largest technology companies, which analysts said could support the stock’s outlook.
The $30 billion investment is part of Apple’s broader commitment to invest $600 billion in the U.S. economy over four years, supporting manufacturing, job creation, and technology development across the country. The deal will support hundreds of American jobs, according to Apple’s announcement.
Sources
- Apple Newsroom — official announcement of the $30 billion multiyear commitment with Broadcom, production targets, Fort Collins expansion, and executive statements
- MacRumors — historical context on the 2023 agreement between Apple and Broadcom covering 5G radio frequency components
- Yahoo Finance — Broadcom stock reaction and percentage gains following the announcement
- Alpha Spread — confirmation of stock price movement and investor sentiment on the deal announcement
