Broadcom Stock Surges 4% on New Multi-Year Apple Chip Deal Until 2031
2026-07-06 20:27

Woofun AI reports that Broadcom and Apple have extended their technology collaboration via a new multi-year agreement lasting until 2031. Under the terms, Broadcom will develop and supply custom ASIC silicon products for multiple generations of Apple devices. Following the announcement, Broadcom's US stock rose more than 4% in pre-market trading.

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