BusinessJul 8, 2026
Apple Expands US Manufacturing Footprint in Multiyear Broadcom Pact
Silicon Reshoring
Rhea Lobo
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Apple committed more than $30B to Broadcom in a multiyear chip-supply deal, its largest US manufacturing commitment to date.
The agreement runs through 2031 and will result in the production of more than 15B US-made chips. Broadcom will also spend $1.5B to expand and modernize its facility in Fort Collins, Colorado. Apple says the deal will support hundreds of American jobs.
The chips at the center of the deal are FBAR filters and wireless connectivity components that help Apple devices connect to cellular, Wi-Fi, and Bluetooth networks. Apple said it has been working with Broadcom on this specific technology since at least 2023.
Broadcom disclosed in an SEC filing on Monday that the expanded partnership covers custom ASIC silicon for multiple generations of Apple products.
ASICs are chips designed for a specific purpose and are increasingly used for AI workloads. Apple is separately developing AI server chips, codenamed Baltra, that it plans to deploy as early as 2027.
Shares of Broadcom rose more on the news, with the stock having already gained roughly 38% over the past year thanks to AI chip demand.
The deal is the largest single commitment under Apple's American Manufacturing Program, launched last year to expand domestic production across its supply chain.
It's also the biggest piece of Apple's pledge to invest $600B in the US economy over four years, a commitment made under pressure from the Trump administration.
"We're grateful to the president and his administration for supporting important projects like this one."
Tim Cook, Apple CEO
Apple framed the deal as part of a broader effort to build an end-to-end silicon supply chain in America. The Trump administration previously threatened tariffs on Apple products unless the company shifted more production to the US. iPhone assembly has remained overseas.
For outgoing CEO Tim Cook, the announcement is one of his last major moves before he steps down. The $30B figure dwarfs the $1.5B facility expansion, meaning most of the spend goes toward purchasing chips over the life of the contract rather than building new infrastructure. Apple did not provide a timeline for when the expanded manufacturing capacity will come online.
