Apple Invests $30B With Broadcom For Colorado Chip Factory Expansion

The agreement, announced Thursday, covers Apple's purchase of U.S.-manufactured chips from Broadcom, including FBAR filters, a type of radio frequency component used in iPhones and other devices. Apple said the investment will help secure its supply chain and support American manufacturing jobs.

As part of the deal, Apple will put $1.5 billion into Broadcom's Fort Collins facility, which currently employs around 1,200 people. The expansion will add new production lines and research space, according to Broadcom, which declined to specify how many new jobs the project might create.

The move aligns with Apple's earlier pledge to invest $430 billion in the U.S. economy over five years. The company has also struck similar supply agreements with other American chipmakers, including a $10 billion investment with GlobalFoundries in upstate New York announced last year.

Broadcom, which has been a key Apple supplier for years, said the deal strengthens its ability to meet demand for advanced wireless components. The Fort Collins plant is one of the few U.S. facilities producing FBAR filters, a niche but critical part of modern smartphones.

The announcement comes amid a broader push by the U.S. government to boost domestic semiconductor production. The Commerce Department has been doling out funds from the 2022 CHIPS Act, which set aside $52 billion to encourage chip manufacturing and research in the United States.