• Broadcom and Apple extended their custom chip partnership through 2031, with the announcement made on July 6, 2026.
  • This agreement secures a long-term supply role for various semiconductors for future Apple devices and significantly improves Broadcom’s long-term revenue visibility.
  • Shares reacted positively to the news on July 6, 2026, with AVGO closing up 3.73% at $373.90.