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Apple Buys 15 Billion Chips in $30 Billion Broadcom Deal to Expand U.S. Production Through 2031

businesstech 3 posts · 3 accounts

Apple has expanded its semiconductor supply agreement with Broadcom, announcing a contract valued at more than $30 billion to source over 15 billion U.S.-made chips. The deal marks the company’s largest commitment under its American Manufacturing Program, with new production centered on a manufacturing facility in Colorado.

Supply of the components is set to continue through 2031, supporting hundreds of domestic jobs in a sector prioritized by the Trump administration’s domestic chip production initiatives. The agreement provides a long-term foundation for Apple’s end-to-end silicon supply chain.

From the sources (3 posts)

@dnystedt

"The new agreement, expected to exceed $30 billion, will lead to the production of more than 15 billion U.S.-made chips and support hundreds of American jobs."

@reuters

Apple announced a $30 billion deal with longtime supplier Broadcom to source chips through 2031, expanding US-based manufacturing at a Colorado factory as the Trump administration pushes for greater domestic chip production

@tim_cook

We’re proud to expand our work with Broadcom with a new agreement to produce billions more chips in the US! It's our largest ever American Manufacturing Program commitment and an important step in our work to build an end-to-end silicon sup

Preview built on a synthetic news corpus (16 weeks, Apr–Jul 2026). Impact calls are model reads, not price data.

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