Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times

Apple's $30 billion Broadcom deal may help bolster Trump ties

In a move that’s likely to keep it on the sunny side of Donald Trump, Apple on Wednesday announced its largest American Manufacturing Program (AMP) commitment yet. The tech giant signed a $30 billion-plus agreement with Broadcom to produce more than 15 billion US-made chips, including a $1.5 billion expansion of Broadcom's Fort Collins, Colorado, facility.

In a post on X, Apple CEO Tim Cook called it a step towards an "end-to-end silicon supply chain" in the US, and the company thanked "the president and his administration for supporting important projects like this one" in a statement.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.