Apple, Broadcom deepen chip supply deal as Colorado factory expansion backs U.S. sourcing
Apple is committing more than $30 billion under a chip supply agreement with Broadcom that also supports an expansion of Broadcom's manufacturing footprint in Colorado. The arrangement runs through 2031 and covers FBAR filters used for wireless connectivity in Apple devices, linking the deal to the company's broader push to source more chips from the U.S.
Highlights
- Broadcom secured a long-term supply agreement with Apple through 2031, including more than $30 billion in spending for FBAR filter chips.
- Broadcom will invest $1.5 billion to expand its Fort Collins, Colorado factory, enabling the production of at least 15 billion chips for Apple.
- The new supply deal supports Apple's initiative to source more components domestically, strengthening U.S. semiconductor manufacturing and supplier relationships.
Supply agreement and Colorado investment
As reported by Reuters, Broadcom said earlier this week that it secured a long-term supply agreement with Apple through 2031, and Apple said on Wednesday the arrangement includes more than $30 billion in spending. The companies say the deal covers FBAR filters, a radiofrequency chip used to help Apple devices communicate wirelessly, which Apple has been developing with Broadcom since at least 2023.Broadcom is also spending $1.5 billion to expand its factory in Fort Collins, Colorado. Apple says the agreement will lead to the production of at least 15 billion chips as part of the supply partnership.
U.S. manufacturing and sector impact
Apple says the agreement forms part of its work with U.S. President Donald Trump's administration to source more of its chips from the U.S. The investment adds to efforts to strengthen domestic semiconductor manufacturing capacity and deepen ties between major technology companies and U.S.-based suppliers.In a statement, Chief Executive Tim Cook says the components built in Fort Collins are essential for the performance and connectivity customers expect from Apple devices. He also says Apple is proud to deepen its investments in U.S.-based suppliers and is grateful to the president and his administration for supporting projects like this.
Our earlier report on U.S.-backed rare earth producers highlighted that much of America’s early output is being sold to Japan and South Korea because U.S. magnet manufacturing is still ramping up. It also noted that federal funding and acquisitions are aimed at closing this timing gap by building an integrated domestic supply chain, even as Asia continues to absorb most near-term supply.
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