Broadcom is trading 3.1% up now at $400.74 after Apple announced an expanded multi‑year chip supply agreement worth more than $30 billion through 2031.
- The deal covers over 15 billion U.S.-made custom chips and includes approximately $1.5 billion to expand Broadcom’s manufacturing facility in Fort Collins, Colorado.
- Framed as Apple’s largest U.S. manufacturing commitment to date, the partnership significantly boosts Broadcom’s long-term revenue visibility and investor optimism.