Apple to spend $30 billion on US-made chips as part of Trump deal

Published July 8, 2026 12:48pm ET | Updated July 8, 2026 12:48pm ET



Apple said Wednesday that it plans to spend more than $30 billion on chips produced in the United States by Broadcom, which is expected to result in more than 15 billion chips.

The deal includes the design and production of custom silicon components primarily used in semiconductors, as well as wireless connectivity technologies that help devices connect to cellular, Wi-Fi, and Bluetooth networks.

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