Apple Announced a Multibillion Dollar Deal with Broadcom to Supply Chips made in the US.
Apple announces multi-billion dollar deal with Broadcom to develop 5G radio frequency components in U.S. According to a press statement from Apple CEO Tim Cook, “We’re thrilled to make commitments that harness the ingenuity, creativity, and innovative spirit of American manufacturing.” On Tuesday morning, shares of Broadcom were up about 3%. Shares of Apple were…