Wednesday, September 23, 2026
Wednesday, September 23, 2026
Watch Live
UPDATED
FUEL PRICE
21-SEP-2026
PETROL
+4.61 PKR
Rs. 393.75/ltr
DIESEL
-1.96 PKR
Rs. 422.08/ltr
Headlines
Field Marshal Asim Munir discusses defence ties with France Nazanin Mandi engaged to Michael Gilroy after fairytale proposal Kevin Jonas melts hearts at Danielle’s 40th birthday celebration Y chromosome loss in men may create hidden pathway for cancer, study finds Snapchat turns chat messages into songs with new AI tools for Lens+ users Viral flag star 'Omar Aliyev' sparks buzz with debut song in Kazakhstan 11 hurt as teen opens fire outside Türkiye high school in Turgutlu Angelina Jolie’s daughter Vivienne sparks buzz with art business launch Nushki attack leaves two policemen martyred while protecting polio team in Balochistan Pakistan-Japan FMs get fresh bilateral boost for stronger trade and IT ties at UNGA At UNGA Bilal Bin Saqib pitches AI and tokenization as engines of financial inclusion Trump applauds Mamdani after finding common ground in New York meeting Pakistan secure women’s cricket bronze in Asian Games Busan foreign student population hits record 24,328 Oil Prices rise as markets watch US-Iran diplomacy Pakistan, Saudi Arabia waive visas for diplomatic, official passports UK approves defensive air support for Saudi Arabia CNN, Politico, MS NOW sue over Trump White House ban G7 urges Iran to stop supporting Yemen’s Houthis Gigi Hadid and Zayn Malik make Khai’s sixth birthday special Field Marshal Asim Munir discusses defence ties with France Nazanin Mandi engaged to Michael Gilroy after fairytale proposal Kevin Jonas melts hearts at Danielle’s 40th birthday celebration Y chromosome loss in men may create hidden pathway for cancer, study finds Snapchat turns chat messages into songs with new AI tools for Lens+ users Viral flag star 'Omar Aliyev' sparks buzz with debut song in Kazakhstan 11 hurt as teen opens fire outside Türkiye high school in Turgutlu Angelina Jolie’s daughter Vivienne sparks buzz with art business launch Nushki attack leaves two policemen martyred while protecting polio team in Balochistan Pakistan-Japan FMs get fresh bilateral boost for stronger trade and IT ties at UNGA At UNGA Bilal Bin Saqib pitches AI and tokenization as engines of financial inclusion Trump applauds Mamdani after finding common ground in New York meeting Pakistan secure women’s cricket bronze in Asian Games Busan foreign student population hits record 24,328 Oil Prices rise as markets watch US-Iran diplomacy Pakistan, Saudi Arabia waive visas for diplomatic, official passports UK approves defensive air support for Saudi Arabia CNN, Politico, MS NOW sue over Trump White House ban G7 urges Iran to stop supporting Yemen’s Houthis Gigi Hadid and Zayn Malik make Khai’s sixth birthday special

Apple pledges $30 billion to expand U.S. chip production with Broadcom

Apple pledges $30 billion to expand U.S. chip production with Broadcom

Web Desk July 08, 2026 Add Bol News as a trusted source

CUPERTINO: Apple said Wednesday it is expanding its partnership with chipmaker Broadcom in a multi-year deal expected to exceed $30 billion, marking the iPhone maker’s largest U.S. manufacturing commitment to date.

The agreement will lead to the production of more than 15 billion U.S.-made chips and includes a $1.5 billion expansion of Broadcom’s facility in Fort Collins, Colorado. Apple did not provide a timeline for when the new capacity will come online.

Broadcom has long supplied Apple with connectivity components, but the new agreement deepens that relationship around U.S.-made custom silicon. Apple said Broadcom will make wireless components used to help devices connect to cellular, Wi-Fi and Bluetooth networks.

Broadcom disclosed in a filing with the Securities and Exchange Commission on Monday that it had entered into new long-term agreements with Apple to develop and supply “custom ASIC silicon products” for multiple generations of Apple products through 2031. ASICs, or application-specific integrated circuits, are increasingly being used for artificial intelligence workloads.

For Tim Cook, Apple’s outgoing CEO, the agreement marks his latest push to invest in American manufacturing, a major point of emphasis for the Trump administration. It is the biggest piece of his company’s $600 billion, four-year U.S. investment plan, announced in 2025, and marks the largest commitment to date under its American Manufacturing Program, or AMP, launched to expand domestic production across its supply chain.

“Apple has been working with the Administration and businesses across the U.S. to help create an end-to-end silicon supply chain in America, and today’s announcement advances those efforts,” Apple said in a release.

Cook said the components built in Fort Collins are “essential” to the performance and connectivity Apple customers expect, and he thanked President Donald Trump and his administration for supporting the project.

Broadcom CEO Hock Tan said Apple’s commitment will help the chipmaker expand its manufacturing footprint in Fort Collins.

Recommended