Apple Announces $30 Billion Broadcom Deal to Make More US Chips

[MacRumors]

Apple today announced its multiyear partnership with Broadcom to design and produce custom silicon components and wireless technologies, confirming a Reuters report we covered on Monday.

Apple says the new agreement is expected to exceed $30 billion, and will lead to the creation of more than 15 billion U.S. chips and support "hundreds" of American jobs.

Broadcom is part of Apple's American Manufacturing Program (AMP), an initiative launched last year to boost U.S. manufacturing. Under Apple's largest AMP commitment to date, Broadcom will invest $1.5 billion to expand and modernize its manufacturing facility in Fort Collins, Colorado, where it will produce advanced radio frequency components, including FBAR filters, as well as wireless connectivity technologies.

"Apple and Broadcom have a long history together, and this new phase of our partnership further accelerates our commitment to American manufacturing and innovation," said Tim Cook, Apple's CEO. "The cutting-edge components built in Fort Collins are essential to delivering the incredible performance and connectivity our customers expect, and we're proud to deepen our investments in U.S.-based suppliers that share our commitment to excellence and innovation. We're grateful to the president and his administration for supporting important projects like this one."

Broadcom's chips cover custom radio frequency components, Wi-Fi and Bluetooth connectivity, and other networking semiconductors found throughout Apple's lineup. Apple says the investment is part of its commitment to invest $600 billion in the U.S. over four years.

Article Link: Apple Announces $30 Billion Broadcom Deal to Make More US Chips

 

[Nyx1]

Really hope in the future announcement their make own manufacturing.

 

[WilliApple]

What’s crazy is this is in Fort Collins Colorado, literally where I live from August to May lol

 

[DJTaurus]

America f yeah 🇺🇸

 

[sw1tcher]

Apple has also begun testing CXMT chips for devices sold in China.

https://www.ft.com/content/f4ac5c92-03be-4499-b16a-017a7e9ee228?syn-25a6b1a6=1

On a sprawling campus in the eastern Chinese city of Hefei, construction workers are racing to complete a new production line for ChangXin Memory Technologies, a state-backed company that until recently was little known outside China’s semiconductor industry.

CXMT has been thrust into the global spotlight by the race for memory chips. Apple has begun testing the company’s DRam chips for devices sold in China, according to two people familiar with the matter, as the iPhone maker leads a lobbying effort among US tech companies to get the US government to allow broader use of the company’s products.

The interest in CXMT marks a sharp turnaround for a company that spent nearly a decade burning through billions of dollars but has now become central to Beijing’s efforts to build a domestic AI supply chain — and is poised to become one of the most profitable technology companies to be listed on China’s domestic stock market.

The memory shortage has transformed CXMT’s finances. Its net profit soared to Rmb33bn ($4.8bn) in the first quarter of this year, according to its IPO prospectus — a striking reversal from the Rmb37bn ($5.4bn) in losses it has accumulated over the past decade.

CXMT is now the world’s fourth-largest producer of DRam — the chips used in everything from smartphones to servers — behind SK Hynix, Samsung Electronics and Micron.

 

[CEmajr]

Always good to see more production here in the US.

 

[JohnRckr]

isn’t this another reason to make Apple products even more expensive in short term?

 

[clg82]

Cue the "why would they do this in the US" haters....

 

[yabeweb]

isn’t this another reason to make Apple products even more expensive in short term?

Short term.....

 

[aidler]

And there we have part of the real reason for the recent price hikes.

 

[Icehawk]

Okey dokey. That's nice.

 

[ELman]

Broadcom killed VMware for small organizations. Such a terrible company.

 

[svish]

Good to see this. At the same time hopefully this won't delay the release of a cellular MacBook.

 

[tridley68]

This probably won't make the new phones and cheaper with more chips its all about gouging the customer and the bottom profit line 🤣

 

[fenderbass146]

Heck yea, we need to diversify away from other nations for chip production, especially ones in China's sphere of influence.

 

[MacBH928]

$30B for 15 B chips? so a chip modem costs only $2?

 

[jarman92]

isn’t this another reason to make Apple products even more expensive in short term?

Could be. But I think worth it in the long run, if for no other reason than as a hedge against supply shocks.

 

[tonmischa]

US population is not skilled enough to fill all the jobs at these factories.
Figures.

Chip worker shortage puts U.S. semiconductor boom on the brink

A growing nationwide shortage of high-skilled workers threatens to delay construction of billions of dollars in new semiconductor plants across the U.S. and constrain future chip production unless the industry pools resources and the government keeps up funding, according to a new report.

www.latimes.com

"Foreigners are taking our jobs!"
Sure, because you are simply not qualified to do them yourselves.

 

[UliBaer]

Good! 👍
I bought Broadcom shares into my depot a long time ago... 😁

 

[Terrinb]

US population is not skilled enough to fill all the jobs at these factories.
Figures.

Chip worker shortage puts U.S. semiconductor boom on the brink

A growing nationwide shortage of high-skilled workers threatens to delay construction of billions of dollars in new semiconductor plants across the U.S. and constrain future chip production unless the industry pools resources and the government keeps up funding, according to a new report.

www.latimes.com

"Foreigners are taking our jobs!"
Sure, because you are simply not qualified to do them yourselves.

That happens when you move all of the labor out of the country and shut the factories down here. Obviously the people currently doing the jobs moved overseas are going to be more qualified.

 

[delsoul]

Well, we can be pretty sure many of those “hundreds of jobs” will mostly go to h1b visas, unfortunately.

 

[delsoul]

US population is not skilled enough to fill all the jobs at these factories.
Figures.

Chip worker shortage puts U.S. semiconductor boom on the brink

A growing nationwide shortage of high-skilled workers threatens to delay construction of billions of dollars in new semiconductor plants across the U.S. and constrain future chip production unless the industry pools resources and the government keeps up funding, according to a new report.

www.latimes.com

"Foreigners are taking our jobs!"
Sure, because you are simply not qualified to do them yourselves.

Plenty of highly skilled Americans that can do these jobs. Many companies are just cheap asses and want cheaper hires, plus when they hire h1b folks, they can’t just up and leave the company, essentially the company has them by the balls. It’s basically modern day slave labor and shouldn’t be allowed. Aside from that, if there were no highly qualified Americans, they wouldn’t have been forced to train the people replacing them

 

[tonmischa]

Put money into education instead of fighting wars.