Broadcom and Apple Extend Custom Chip Collaboration to 2031

CoinFeed July 6 news, according to Bloomberg, Broadcom and Apple have extended their custom chip supply and development collaboration to 2031. Building on their existing radio frequency and wireless connectivity chip cooperation, the two parties will continue long-term R&D and supply of specialized chips for products like the iPhone. The products covered by the agreement will be primarily designed and manufactured in the United States, involving a multi-billion-dollar long-term procurement commitment.