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Apple inks multi-billion-dollar deal with Broadcom for U.S.-made chips

2023-05-23 21:19
Apple Inc on Tuesday said it has entered a multi-billion-dollar deal with chipmaker Broadcom Inc to use chips
Apple inks multi-billion-dollar deal with Broadcom for U.S.-made chips

Apple Inc on Tuesday said it has entered a multi-billion-dollar deal with chipmaker Broadcom Inc to use chips made in the United States.

Under the multi-year deal, Broadcom will develop 5G radio frequency components with Apple that will be designed and built in several U.S. facilities, including Fort Collins, Colorado, where Broadcom has a major factory, Apple said.

(Reporting by Stephen Nellis; Editing by Chizu Nomiyama)