Apple committed more than $30 billion to Broadcom through 2031 to design and produce custom silicon components and wireless connectivity technologies, marking the iPhone maker’s largest investment under its American Manufacturing Program announced on July 8. The multiyear agreement will lead to the production of more than 15 billion U.S.-made chips and support hundreds of American jobs, according to Apple’s official announcement.
The deal represents a significant expansion of Apple’s domestic supply chain strategy. Broadcom will invest $1.5 billion to expand and modernize its manufacturing facilities in Fort Collins, Colorado, where it will produce advanced radio frequency components, including FBAR filters, and advanced wireless connectivity technologies.
Tim Cook, Apple’s CEO, emphasized the strategic importance of the partnership. “Apple and Broadcom have a long history together, and this new phase of our partnership further accelerates our commitment to American manufacturing and innovation,” Cook said in the announcement. “The cutting-edge components built in Fort Collins are essential to delivering the incredible performance and connectivity our customers expect.”
The agreement extends through 2031 and covers custom application-specific integrated circuits (ASICs) for multiple generations of Apple products. Broadcom’s CEO Hock Tan called the expansion a shared commitment to American innovation, stating the company is “pleased to expand our manufacturing footprint in Fort Collins, where we create groundbreaking technology that connects people around the world.”
Apple has been working to create an end-to-end silicon supply chain in the United States as part of a broader effort to reduce supply chain risk and strengthen domestic manufacturing. The Broadcom deal forms part of Apple’s larger $600 billion commitment to invest in the U.S. economy over four years, supporting manufacturing, job creation, and technology development across the country. The American Manufacturing Program, launched last year, aims to accelerate manufacturing in the U.S. by partnering with suppliers and incentivizing them to expand domestic production capabilities.
The partnership addresses long-standing investor concerns that Apple’s aggressive push into in-house silicon design would eventually eliminate the need for external suppliers like Broadcom. By locking in a multiyear agreement that represents roughly 20 percent of Broadcom’s current annual revenue, both companies have secured long-term visibility and stability in their relationship through 2031.
Sources
- Apple — Official newsroom announcement on the Broadcom deal, July 8, 2026, including quotes from Tim Cook and details on the $30 billion commitment, 15 billion chips, and $1.5 billion Colorado facility expansion
- CNBC — Reporting on the agreement details, production targets, and Broadcom’s facility expansion
- Reuters — Coverage of the deal’s scope, U.S. manufacturing pledge, and supply chain implications
- The White House — Documentation of Apple’s $600 billion U.S. investment commitment and American Manufacturing Program
