[Broadcom and Apple Extend Custom Chip Partnership to 2031] According to Bloomberg, Broadcom and Apple have extended their custom chip supply and development partnership to 2031. Building on their existing collaboration on RF and wireless connectivity chips, the two parties will continue long-term R&D and supply efforts focused on dedicated chips for products like the iPhone. The products covered under the agreement will primarily be designed and manufactured in the United States, involving multi-billion-dollar long-term procurement commitments.