Apple has entered into a multiyear agreement exceeding $30 billion with Broadcom to create and manufacture over 15 billion U.S.-produced custom wireless connectivity chips for its products. 

As part of this agreement, Apple will allocate $1.5 billion towards capital expenditure to assist in the expansion of Broadcom’s manufacturing facility located in Fort Collins, Colorado. This partnership enhances Apple’s existing collaboration with Broadcom, the primary hardware supplier for wireless components for the iPhone manufacturer.

This agreement aligns with Apple’s vow to invest $600 billion into the U.S. economy over the next four years — a commitment made amid increasing pressure from the Trump administration.

Last year, Trump threatened to impose new tariffs on Apple products unless the company relocated essential iPhone manufacturing to the United States. He eventually reversed this policy, and iPhone assembly has remained offshore.

Apple assures that its commitment with Broadcom will result in “hundreds of American jobs,” which is a relatively modest figure in light of the $30 billion investment.