Apple extends chip deal with Broadcom
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Broadcom ($AVGO) announced an expanded agreement with Apple ($AAPL) to develop custom ASIC chips through 2031. The chips will power multiple generations of Apple products, extending a long-standing partnership as Apple expands its AI infrastructure while continuing to rely on Broadcom for key networking and wireless technologies.
Marvell Technology and Broadcom are poised for solid growth in the future, driven by strong demand for custom AI processors.
Eight months after announcing a custom chip deal, OpenAI and Broadcom are revealing their first joint project: Jalapeño.
Broadcom Inc. said Monday that it will provide custom chips for Apple Inc. in an expanded deal that runs through 2031.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil,