Overview
- Broadcom confirmed an expanded multi‑year agreement with Apple on Monday that commits it to design and supply custom application‑specific integrated circuits for future Apple products.
- The contract covers radio‑frequency chips plus Wi‑Fi, Bluetooth and other networking ASICs that appear in multiple generations of iPhones and other Apple devices.
- Analysts say Apple represents roughly 20% of Broadcom’s revenue and Broadcom shares jumped about 4–5% after the filing, giving the chipmaker multi‑year revenue visibility.
- The extension builds on a 2023 multibillion‑dollar RF deal that included U.S. manufacturing for parts such as FBAR filters at sites like Fort Collins, Colorado.
- The deal gives Apple more time to scale its in‑house efforts such as C1 and C1X modems while leaving open how quickly it can fully replace third‑party RF and connectivity components and how Broadcom will allocate capacity for its growing AI chip work.