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Broadcom extends Apple custom chip partnership through 2031
The expansion keeps Broadcom supplying connectivity components such as radio-frequency, Wi-Fi, and Bluetooth for Apple products, with Apple contributing about 20% of Broadcom's annual revenue, according to analysts cited by Reuters.
Broadcom has expanded its Apple chip partnership through 2031 to develop and supply custom chips, a move Reuters said is aimed at reinforcing Broadcom's long-term growth.
The agreement keeps Broadcom positioned as a provider of complex connectivity components used in Apple products, including radio-frequency, Wi-Fi, Bluetooth, and other networking elements.
Reuters also cited analysts saying Apple makes up about 20% of Broadcom's annual revenue, underscoring the financial importance of the relationship.
The extension arrives as demand for custom chips grows, particularly for inference workloads where large technology companies are seeking more control over performance, cost, and power use.