Apple has struck its biggest domestic manufacturing deal yet, signing a multiyear agreement with Broadcom worth more than $30 billion to produce custom chips and wireless components in the United States.
The deal, announced Wednesday, will result in the production of at least 15 billion chips on U.S. soil, supporting hundreds of American jobs across the supply chain.
Apple stock (AAPL) was down 0.64% on the day, while Broadcom (AVGO) slipped 0.83%, though both moves appeared largely unrelated to the announcement itself.
Broadcom first disclosed the long-term supply agreement on Monday, confirming it had secured a deal with Apple running through 2031. Wednesday’s announcement filled in the details.
The chips at the center of the deal are FBAR filters — radio frequency components that help Apple devices connect wirelessly. Apple and Broadcom have been co-developing these since at least 2023.
The agreement is part of Apple’s American Manufacturing Program, which the company launched last year to boost domestic supply chain investment. This new deal is the largest commitment Apple has made under that program.
To support the expanded production, Broadcom will spend $1.5 billion upgrading and modernizing its facility in Fort Collins, Colorado. That factory will produce the FBAR filters and other advanced wireless connectivity technologies.
Tim Cook called the Fort Collins components “essential to delivering the incredible performance and connectivity our customers expect.” He also thanked the Trump administration for its support of the project.
Broadcom CEO Hock Tan said the company is “pleased to expand our manufacturing footprint in Fort Collins,” noting that the facility produces technology that “connects people around the world.”
The Broadcom deal sits within a larger financial commitment Apple has made to the U.S. economy. The company has pledged to invest $600 billion domestically over four years, spanning manufacturing, job creation, and technology development.
Wednesday’s announcement advances Apple’s stated goal of building an end-to-end silicon supply chain inside the United States — a push that has taken on more urgency given ongoing trade and tariff pressures.
Apple and Broadcom have worked together for years, with Broadcom supplying wireless chips used across the iPhone lineup and other Apple products. This new agreement deepens that relationship significantly and extends it well into the next decade.
The supply deal through 2031 gives Broadcom visibility on demand and justifies the capital spend in Colorado. For Apple, it locks in a domestic source for key components at a time when U.S. chipmaking capacity is a priority.
Apple confirmed the agreement on Wednesday, July 8, 2026, with production of the Fort Collins-based components expected to scale across a range of Apple products going forward.
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