Yong Social Finance

Apple isn't just buying more chips. It's reshaping part of its supply chain in one of the biggest manufacturing commitments in the company's history. The tech giant has expanded its partnership with Broadcom in a deal worth more than $30 billion , marking its largest commitment yet under its American Manufacturaing Program. The agreement is expected to produce more than 15 billion chips in the United States over the coming years, while Broadcom will invest $1.5 billion to expand and modernize its facility in Fort Collins, Colorado. For most people, chips are invisible. You never see them, yet they're responsible for nearly everything your phone does. From connecting to Wi-Fi and Bluetooth to maintaining stable wireless performance. This deal focuses on those critical components that quietly power Apple's devices every day. Instead of relying even more heavily on overseas production, Apple is strengthening manufacturing closer to home. It's a move that impro...