(Updates with latest market prices and developments.) US stocks were lower intraday after Preside
Tech stocks were higher Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF
Apple plans to invest more than $30 billion in an extended partnership with Broadcom to produce custom chips, it said Wednesday. The iPhone maker said the new agreement was the largest so far under its American Manufacturing Program and would enable Broadcom to expand and modernize its manufacturing facilities in Fort Collins, Colorado, with a $1.5 billion capital expenditure investment. Apple shares rose 1% to $313.62 on Wednesday while Broadcom stock advanced 6.3% to $393.90, reversing earlier losses.
Tim Cook has less than two months left as Apple CEO. On Wednesday, he announced the largest domestic manufacturing commitment in company history: a multi-year deal with Broadcom expected to exceed $30 billion, the biggest single commitment ever made under Apple’s American Manufacturing Program. It closes a fifteen-year tenure defined by supply-chain mastery. Inside the ... Tim Cook’s Final Move as Apple CEO: The Biggest American Manufacturing Deal in Company History
Apple's New Broadcom Deal Could Strengthen Revenue Visibility for Years
Apple will manufacture over 15 billion US-made chips and invest $1.5 billion in Broadcom's Colorado facility.
Apple and Broadcom (NasdaqGS:AVGO) have entered a multi-year chip supply agreement valued at more than US$30b. The deal runs through 2031 and covers custom silicon and wireless connectivity components for multiple Apple product generations. As part of the agreement, Apple plans to invest US$1.5b to expand and modernize Broadcom's Fort Collins, Colorado manufacturing facility. For investors tracking Broadcom, this fresh agreement with Apple highlights how central the company is to high...
Chip stocks fell, reversing gains seen earlier in the session and extending recent losses. The PHLX Semiconductor Index is down 0.1%, falling alongside the broader market sell-off fueled by a reignited U.
Apple (AAPL) and Broadcom (AVGO) are partnering on a $30 billion AI chip deal. Yahoo Finance Technology Editor Dan Howley explains more in the video above.
All three major US stock indexes were down in late-morning trading Wednesday, as hostilities re-esca
CXMT sourcing could deepen geopolitical supply-chain tensions
The battle between JPMorgan’s two flagship covered-call income ETFs comes down to a simple trade-off: JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) offers the smoother ride, while JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) delivers the fatter distributions. In July 2026, that trade-off looks less balanced than usual, and the winner may not be the one ... JEPI vs. JEPQ: Which Is the Better Buy in July?
The three most valuable companies in the world, NVIDIA (NASDAQ:NVDA), Apple (NASDAQ:AAPL), and Google parent Alphabet (NASDAQ:GOOG), collectively command a combined market cap north of $13 trillion and sit at the center of the AI capex boom. Each enters the second half of 2026 with a very different risk/reward setup. Here is a Buy, Sell, ... Three Most Valuable Companies at $13 Trillion: Buy, Sell, or Hold
Apple has signed a $30 billion+ multiyear deal with Broadcom to design and produce more than 15 billion U.S.-made custom wireless connectivity chips for Apple products.
Apple’s major chip-supply agreement with Broadcom is part of its larger goal to increase manufacturing in the U.S.
Apple (AAPL) said Wednesday that Broadcom (AVGO) will produce chips to be used in the iPhone maker'
Apple Inc (NASDAQ:AAPL, XETRA:APC) announced a new multiyear agreement with Broadcom Inc (NASDAQ:AVGO, XETRA:1YD) valued at more than $30 billion to design and manufacture custom silicon components and wireless connectivity technologies in the United States, marking the company's largest...
$100 billion. That is the size of the fresh share buyback authorization Apple’s board approved alongside its fiscal Q2 2026 earnings, disclosed in the company’s 8-K filed April 30, 2026. This announcement represents a reload of the existing program. Apple (NASDAQ:AAPL) has now returned over $1 trillion to shareholders since the program began, of which ... Apple’s $100 Billion Buyback Machine Keeps Wall Street Watching
Intel‘s (NASDAQ:INTC) historic breakout came fast and from out of nowhere, as the chip laggard made massive leaps to win back many investors amid the AI revolution. With a competitive slate of chips and a foundry business that could help the tech world diversify away from the likes of Taiwan Semiconductor (NYSE:TSM), perhaps Intel isn’t ... Intel’s Breakout Was Violent and It May Still Be in its Early Innings
Apple Tests Chinese Memory Chips as Supply Chain Strategy Shifts