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Broadcom, Apple extend chip partnership through 2031

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Broadcom, Apple extend chip partnership through 2031

Broadcom said it and Apple agreed to expand their custom-chip partnership through 2031, covering the development and supply of a range of custom chips. The extended, multi-year roadmap is a positive signal for customer concentration stability and future platform demand, though no financial terms were disclosed.

Analysis

Broadcom said it and Apple agreed to expand their custom-chip partnership through 2031, covering the development and supply of a range of custom chips. The extended, multi-year roadmap is a positive signal for customer concentration stability and future platform demand, though no financial terms were disclosed.

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