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Apple, Broadcom Extend Chip Deal to 2031

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Apple, Broadcom Extend Chip Deal to 2031

Broadcom will supply new custom ASIC chips to Apple under an expanded partnership extending through 2031. The silicon will be used across multiple generations of Apple products, per a Broadcom filing, implying longer-duration revenue visibility and continued design win momentum. The news is modestly positive for Broadcom’s outlook, though specific financial figures were not provided.

Analysis

Broadcom will supply new custom ASIC chips to Apple under an expanded partnership extending through 2031. The silicon will be used across multiple generations of Apple products, per a Broadcom filing, implying longer-duration revenue visibility and continued design win momentum. The news is modestly positive for Broadcom’s outlook, though specific financial figures were not provided.

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mildly positive

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