Broadcom, Apple extend custom chip partnership through 2031
Why it matters: Apple generates about 20% of Broadcom's annual revenue, and Broadcom shares rose more than 5% after the deal.
Why it matters: Apple generates about 20% of Broadcom's annual revenue, and Broadcom shares rose more than 5% after the deal.
The deal also covers 1.6 million CPE devices, inter-island backbone, 300,000 FTTH homepass and 5G FWA solutions.