🟢 Broadcom is trading 7.1% up today on an expanded $30B+ Apple AI chip deal

Broadcom is trading 7.1% up now at ARS 16000.00 after Apple expanded a multi-year chip partnership valued at over $30 billion for custom AI-related and wireless connectivity chips through 2031.

• The deal includes the production of more than 15 billion U.S.-made chips and a $1.5 billion expansion of Broadcom’s Colorado facility.
• The agreement reinforces Broadcom’s position as a key Apple supplier and boosts investor sentiment toward its long-term AI and connectivity revenue streams.