Broadcom says it is expanding and extending its partnership with Apple for custom chips, with the agreement running through 2031. Multiple reports describe the renewal as a continuation of an existing long-term supply relationship between the two companies, which provides Apple with custom-designed semiconductor components used across its devices.
The expanded deal covers Broadcom developing and supplying custom chips for Apple over the extended period. Coverage also notes that Broadcom’s chips support a range of Apple hardware, particularly wireless and connectivity functions. These include custom radio-frequency components as well as areas such as Wi-Fi and Bluetooth.
Some reports reference that Apple has been increasingly bringing more chip design in-house for certain components, but Broadcom’s wireless and radio-frequency-related products remain part of Apple’s supply chain. One outlet also points to a prior multibillion-dollar agreement signed in 2023 involving 5G radio-frequency components manufactured in the United States.
Broadcom is identified as a major supplier to Apple, and the news of the extension is described as prompting a rise in Broadcom’s shares in premarket trading, according to one report.
