Apple has announced a $30 billion deal to design chips made in the United States by Broadcom, a move that supports domestic chip production and diversifies the source of its components. This partnership is part of Apple’s continued effort to bring more of its supply chain and advanced manufacturing back to the US.
Supporting American Manufacturing
The agreement with Broadcom will lead to the production of 15 million chips in the United States and allow Broadcom to invest $1.5 billion to expand and modernize its manufacturing facilities in Fort Collins, Colorado. Apple CEO Tim Cook stated that this new phase of the partnership further accelerates Apple’s commitment to American manufacturing and innovation.
Apple’s investment is part of its ‘American Manufacturing Program,’ which aims to bring more of the company’s supply chain and advanced manufacturing back to the US. The program is a significant step towards supporting domestic production and reducing reliance on international suppliers.
Original reporting: KEYT (Ventura/Santa Barbara) — read the source article.