{"id":22990,"date":"2023-05-24T12:13:12","date_gmt":"2023-05-24T12:13:12","guid":{"rendered":"http:\/\/107245241"},"modified":"2023-05-24T12:13:12","modified_gmt":"2023-05-24T12:13:12","slug":"apple-announces-multibillion-dollar-deal-with-broadcom-for-u-s-made-chips","status":"publish","type":"post","link":"https:\/\/wp.worldtechguide.net\/apple-announces-multibillion-dollar-deal-with-broadcom-for-u-s-made-chips\/","title":{"rendered":"Apple announces multibillion-dollar deal with Broadcom for U.S.-made chips"},"content":{"rendered":"<p><span class=\"HighlightShare-hidden\"><\/span><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-107115114\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>Apple CEO Tim Cook holds the new iPhone 14 at an Apple event at their headquarters in Cupertino, California, September 7, 2022.<\/p>\n<p>Carlos Barria | Reuters<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\"><span class=\"waslinkname\">Apple<\/span><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> on Tuesday <span class=\"waslinkname\">announced<\/span> a new multibillion-dollar deal with <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-3\"><span class=\"waslinkname\">Broadcom<\/span><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> to develop 5G radio frequency components in the U.S.<\/p>\n<p>&#8220;We&#8217;re thrilled to make commitments that harness the ingenuity, creativity, and innovative spirit of American manufacturing,&#8221; Apple CEO <span class=\"waslinkname\">Tim Cook<\/span> said in a release.<\/p>\n<div class=\"ExclusiveContentBucket-exclusiveContentBucket\"><span class=\"ExclusiveContentBucket-smallSpan\"><\/span><span class=\"ExclusiveContentBucket-border\"><\/span><\/p>\n<h2 class=\"ExclusiveContentBucket-exclusiveContentHeading\">related investing news<\/h2>\n<div class=\"ExclusiveContentBucket-contentContainer\">\n<div class=\"BucketItem-bucketItem\" id=\"Regular Article-ExclusiveContentBucket-1-0\">\n<div class=\"BucketItem-bucketImageContainer\"><img decoding=\"async\" class=\"BucketItem-bucketImage BucketItem-proItem\" src=\"https:\/\/wp.worldtechguide.net\/wp-content\/uploads\/2023\/05\/apple-announces-multibillion-dollar-deal-with-broadcom-for-u-s-made-chips.png\" alt=\"Broadcom bolsters stock with new Apple deal. Here's why the experts like it\"><\/p>\n<div class=\"BucketItem-proPillContainer\"><span class=\"waslinkname\"><img decoding=\"async\" class=\"BucketItem-proPill ProPill-proPill\" src=\"https:\/\/static-redesign.cnbcfm.com\/dist\/f7f282b4f7f47fceda1e.svg\" alt=\"CNBC Pro\"><\/span><\/div>\n<\/div>\n<div class=\"BucketItem-textContainer\">\n<div class=\"BucketItem-bylineContainer\">\n<p>13 hours ago<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Shares of Broadcom closed up 1% Tuesday. Apple&#8217;s stock closed down 1%.<\/p>\n<p>The 5G radio components developed by Broadcom, a technology and advanced manufacturing company, will include FBAR filters and other wireless connectivity components, according to the release. These components are different from the 5G modems that are made by Qualcomm.<\/p>\n<p>Apple said its deal with Broadcom is part of its 2021 commitment to invest $430 billion in the U.S. economy. The move marks the latest phase of a partnership between the two companies, as Broadcom <span class=\"waslinkname\">announced<\/span> it would sell $15 billion in wireless components to&nbsp;Apple in 2020.<\/p>\n<p>The company said the deal with Broadcom will also allow it to invest in &#8220;critical automation projects and upskilling&#8221; with engineers and other technicians. Apple already supports more than 1,100 jobs in Broadcom&#8217;s Fort Collins, Colorado, FBAR filter manufacturing facility, according to the release.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Apple CEO Tim Cook holds the new iPhone 14 at an Apple event at their headquarters in Cupertino, California, September 7, 2022. Carlos Barria | Reuters Apple on Tuesday announced a new multibillion-dollar deal with Broadcom to develop 5G radio frequency components in the U.S. &#8220;We&#8217;re thrilled to make commitments that harness the ingenuity, creativity, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":22991,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"hashtags":[],"_links":{"self":[{"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/posts\/22990"}],"collection":[{"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/comments?post=22990"}],"version-history":[{"count":0,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/posts\/22990\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/media\/22991"}],"wp:attachment":[{"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/media?parent=22990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/categories?post=22990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/tags?post=22990"},{"taxonomy":"hashtags","embeddable":true,"href":"https:\/\/wp.worldtechguide.net\/wp-json\/wp\/v2\/hashtags?post=22990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}