Apple announces $30 billion deal with Broadcom to make more chips in the United States

Apple today announced its multi-year partnership with Broadcom to design and produce custom silicon components and wireless technologies, confirming a Reuters report we covered on Monday.

Apple says the new deal is expected to exceed $30 billion and lead to the creation of more than 15 billion American chips and support “hundreds” of American jobs.

Broadcom is part of Apple’s American Manufacturing Program (AMP), an initiative launched last year to boost the U.S. manufacturing industry. In Apple’s largest AMP commitment to date, Broadcom will invest $1.5 billion to expand and modernize its manufacturing facility in Fort Collins, Colorado, where it will produce advanced radio frequency components, including FBAR filters, as well as wireless connectivity technologies.

“Apple and Broadcom have a long history together, and this new phase of our partnership further accelerates our commitment to American manufacturing and innovation,” said Tim Cook, Apple CEO. “State-of-the-art components built in Fort Collins are essential to delivering the incredible performance and connectivity our customers expect, and we are proud to deepen our investments in U.S.-based suppliers who share our commitment to excellence and innovation.” We are grateful to the President and his administration for supporting important projects like this.

Broadcom’s chips cover custom radio frequency components, Wi-Fi and Bluetooth connectivity, and other networking semiconductors found in Apple’s lineup. Apple says the investment is part of its commitment to invest $600 billion in the United States over four years.