Broadcom and Apple Extend Chip Partnership Through 2031
Broadcom Inc. has confirmed the extension of its chip supply agreement with Apple through 2031, focusing on chips for artificial intelligence servers. This long-standing partnership highlights the mutual benefits for both tech giants, with Apple relying on Broadcom's technology and Broadcom depending on Apple's revenue growth.
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Broadcom extends Apple chip deal through 2031
Broadcom Inc. (AVGO) just extended its chip supply agreement with Apple through 2031, according to a regulatory filing reported by Bloomberg. This partnership is not a new development. Apple and Broadcom have a long-standing supply relationship and previously made headlines back in 2023 when Apple ...
Broadcom, Apple Extend Chips Partnership to 2031
Bloomberg's Mark Gurman said that despite ups and downs for Apple and Broadcom's partnership to build out AI servers is expected to last for multiple generations of Apple products. Gurman said that relationship is mutually beneficial as Apple needed Broadcom to help build out the technology and Apple remains Broadcom's biggest growth driver and revenue source. (Source: Bloomberg)

