Apple's largest US manufacturing investment is official in partnership with Broadcom

Today Apple has announced its largest investment that's part of itsAmerican Manufacturing Program(AMP), which was initially unveiled in August of last year. Through AMP, Apple committed to investing a whopping $600 billion to bring manufacturing back to US soil. The just unveiled $30 billion agreement with Broadcom is part of that plan. Apple's new multi-year commitment with Broadcom is about designing and manufacturing custom silicon components and cutting-edge wireless connectivity technologies for a wide range of Apple products.

This agreement will lead to the production of more than 15 billion US-made chips and will support hundreds of American jobs, according to Apple's official press release on the matter. Broadcom will expand and modernize its manufacturing facilities in Fort Collins, Colorado, with a $1.5 billion capital expenditure investment. The company will produce advanced radio frequency components and advanced wireless connectivity technologies at that facility. Apple CEO Tim Cook said: Broadcom President and CEO Hock Tan said: Source