Broadcom shares jump over 2% after Apple announces $30 billion chip deal

Apple announced a multi-year deal worth around USD 30 billion with Broadcom to supply radiofrequency chips, including FBAR filters, and custom ASIC silicon products for multiple generations of Apple devices through at least 2031. The deal expands an existing relationship and supports Apple's broader USD 600 billion four-year US investment plan, with Fort Collins facility playing a key role. Broadcom shares rose over 2 percent following the announcement, as the agreement provides long-term revenue visibility amid growing demand for custom and AI-linked silicon.