Business · 2h ago
Apple and Broadcom Extend Chip Deal Through 2031 Amid AI Hardware Surge
Apple and Broadcom have extended their chip partnership through 2031, responding to rising AI hardware demand. The deal secures key components for Apple's devices, potentially affecting pricing and supply chain stability. This long-term agreement underscores the growing importance of custom chips in AI-driven products.
Meridian48 take
The extension signals Apple's reliance on Broadcom for AI-capable chips, but doesn't address potential cost pass-through to consumers or supply chain vulnerabilities.
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Apple Extends Broadcom Deal Through 2031: What It Means for AI →
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