$30 billion Broadcom chip deal is Apple biggest AMP fund investment

Apple's deal with Broadcom for custom chips and radio components is worth $30 billion. It will be Apple's American Manufacturing Program's largest single-company commitment.

On Monday, chip maker Broadcom declared that it had agreed to extend its working relationship with Apple, with it developing and supplying custom chips up to 2031. Two days later, Apple confirmed the deal was made, and gave some details on the specifics.

In a July 8 newsroom post, Apple calls it a "new multi-year commitment" with Broadcom. The aim is to design and produce custom silicon components and "cutting-edge" wireless connectivity technologies for Apple's products.

Apple expects the agreement to exceed $30 billion as time goes on. It will result in not only the production of more than 15 billion chips in the United States, but also support hundreds of jobs.

Another American investment

Apple characterizes the deal as one that is very pro-American manufacturing, pointing out that Broadcom is part of Apple's American Manufacturing Program. The deal is Apple's biggest single-company AMP commitment so far, and will include an expansion of Broadcom's existing facilities.

Part of this will be a $1.5 billion capital expenditure investment into Broadcom's Fort Collins, Colorado facility. This covers both expansion and modernization of the manufacturing plant.

In exchange, Apple will be getting advanced radio frequency components. This includes advanced Film Bulk Acoustic Resonator (FBAR) filters from Fort Collins.

"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's current CEO. "The cutting-edge components built in Fort Collins are essential to delivering the incredible performance and connectivity our customers expect, and we're proud to deepen our investments in U.S.-based suppliers that share our commitment to excellence and innovation."

Cook continues to pander to the Trump Administration in the statement, adding "We're grateful to the president and his administration for supporting important projects like this one."

The investment is part of the $600 billion investment Apple pledged to make into the United States economy over a four-year period. An initiative that was commemorated in August 2025 by Cook presenting President Donald Trump with a gold and glass plaque.