Apple to Invest US$30 Billion in Broadcom Chips

• The US$30 billion agreement delivers 15 billion US-made chips by funding a US$1.5 billion upgrade to Broadcom's Colorado manufacturing facility.

• Securing custom silicon through 2031 protects Broadcom's largest revenue source and boosted both companies' stocks upon announcement.

By Benjamin Benneth Arfianto, Gabriel Valerian Abednego, Miracle Golda Koleangan, Sophia Christine Santoso 

July 10, 2026 at 16:30 GMT+7

Apple and Broadcom announced a multiyear agreement on Wednesday (7/8). This agreement represents the largest commitment made under Apple's American Manufacturing Program (AMP) since its launch last year, which aims to accelerate domestic chip production.

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The deal is expected to exceed US$30 billion and will lead to the production of more than 15 billion US-made chips. The deal also includes a US$1.5 billion investment to expand and modernize its manufacturing facility in Fort Collins, Colorado. 

Broadcom's SEC filing indicates that the arrangement includes custom ASIC silicon supply for Apple through 2031, reinforcing the two companies' longstanding manufacturing partnership.

Broadcom Logo | Source: Quartr

Broadcom’s US$1.5 billion investment in Fort Collins is expected to increase capacity, upgrade equipment, and support more advanced semiconductor manufacturing. 

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The upgraded plant will produce advanced RF components, from FBAR filters to wireless connectivity technologies for cellular, Wi-Fi, and Bluetooth. The investment deepens a supplier relationship that dates back to 2023, when Apple and Broadcom struck a multibillion-dollar deal centered on 5G radio frequency components. 

Although Broadcom has supplied Apple with connectivity components, the new agreement signals a broader push to secure domestic supply chains and support the company’s next generation of devices. Repositioning Fort Collins from a single-generation supplier site into a durable production hub within Apple's broader domestic chip strategy.

Apple outgoing CEO, Tim Cook | Source: CNBC

The agreement also strengthened the strategic positions of both companies beyond manufacturing expansion.

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Apple’s outgoing CEO, Tim Cook, described the partnership as Apple’s largest commitment under the AMP and a key part of Apple’s US$600 billion investment plan in the US over the next four years. Broadcom shares spiked more than 4%, while Apple surged over 1% during trading on Wednesday (7/8).

For Broadcom, the agreement secures one of the company’s most significant long-term customers, with Apple accounting for approximately 20% of annual revenue. Apple also maintains a strategy of sourcing highly specialized chips from Broadcom instead of developing and manufacturing them internally, further strengthening the long-term commercial partnership between the two companies.

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Sources:

Apple

CNN

Reuters