Apple Strikes Multibillion-Dollar Deal to Use U.S.-Made Chips

Source: Time

“Apple announced a multibillion dollar deal with the U.S. chipmaker Broadcom to use chips manufactured in the United States, as part of its 2021 plan to invest $430 billion in the U.S. economy over five years. The move comes as the U.S. seeks to reduce its reliance on foreign chip manufacturers. As part of the multi-year deal, Broadcom will collaborate with Apple to develop 5G radio frequency and wireless connectivity components. According to Apple, the technology will be designed and built in facilities across the country, including in Fort Collins, Colorado, where Broadcom has a major facility.” (05/23/23)