Broadcom and Apple have extended their partnership through 2031, with Broadcom developing and supplying custom ASIC silicon "for use in multiple generations of Apple products," per a Monday SEC filing. #Broadcom #Apple #AVGO #AAPL #Semiconductors
"Broadcom locks in Apple through 2031 with five year ASIC deal. Broadcom and Apple have extended their partnership through 2031 with Broadcom developing and supplying custom ASIC silicon for use in multiple generations of Apple products per a Monday SEC filing. Apple accounts for roughly 20% of Broadcom's annual revenue and has been a long-standing customer networking component such as custom radio frequency chips, 5G components, and Wi-Fi and Bluetooth connectivity chips."
💬 Discussion
Broadcom and Apple have extended their partnership through 2031, with Broadcom developing and supplying custom ASIC silicon "for use in multiple generations of Apple products," per a Monday SEC filing. #Broadcom #Apple #AVGO #AAPL #Semiconductors