Broadcom, Apple extend chip supply deal through 2031
Apple and Broadcom have announced a multi-year extension of their custom chip partnership, securing supply commitments through 2031.
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The brief
Apple and Broadcom have reached an agreement to continue their collaboration on custom chip technology. Coverage from Reuters, Bloomberg, and Quartz emphasizes the long-term nature of the commitment.
Future developments depend on the specific technical components to be produced under this agreement. Current reports do not specify the exact financial terms or the types of hardware involved in the extended supply deal.
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Quick answers
How long is the new agreement?
The partnership has been extended through 2031.
What is the impact on Broadcom stock?
Yahoo Finance reports that Broadcom stock is rising following the announcement.
What specific chips are being manufactured?
Coverage does not yet specify which custom chip models are included in the agreement.
Coverage (8)
- Apple radio chips switch likely to take five more years, suggests Broadcom deal 9to5Mac · 1h ago
- Broadcom Rallies 6% on a Broadened Apple Partnership as AMD Gains 8%, Intel Rises 4% 24/7 Wall St. · 1h ago
- Broadcom, Apple Expand Partnership to 2031 With Custom Chips Yahoo Finance · 1h ago
- Apple and Broadcom are extending their custom chip partnership through 2031 qz.com · 3h ago
- AVGO Stock Is Rising Today Yahoo Finance · 3h ago
- Broadcom Expands Work for Apple, Supplying Products Through 2031 Bloomberg.com · 3h ago
- Broadcom, Apple extend chip partnership through 2031 Reuters · 3h ago
- Broadcom, Apple extend chip supply deal through 2031 Yahoo Finance · 3h ago
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