Apple and Broadcom extend custom chip supply partnership through 2031

Apple and Broadcom have agreed to extend their custom chip supply partnership through 2031, according to reporting on the expanded deal announced by Broadcom. The agreement keeps Broadcom responsible for developing and supplying a range of Apple-specific “ASIC” chips, meaning application-specific integrated circuits custom built for particular Apple products rather than using off-the-shelf components.

ASICs are a key part of Apple’s strategy for performance and efficiency. By tailoring silicon to specific workloads, Apple can optimize power use, integrate features more tightly, and reduce the number of chips needed for certain functions. For Broadcom, it provides a longer planning horizon tied to Apple’s device roadmap, potentially smoothing supply and engineering commitments.

The updated terms expand the relationship across “multiple generations” of Apple products, the reporting said, indicating the deal is not limited to a single device refresh cycle. Instead, Broadcom is expected to continue providing custom chip development and supply that aligns with future Apple product schedules through the end of the decade.

The new multi-year agreements were described as an expansion of an existing collaboration, with both companies positioning the arrangement as part of their broader technology partnership. The reported framing also suggested the extension is designed to ease market uncertainty about continuity of Apple’s custom silicon sourcing as product cycles progress.

For Broadcom, the extension reinforces its role in the custom silicon ecosystem alongside other chip design partners and internal Apple efforts. For Apple, maintaining a second major external supplier for custom ASIC work can reduce dependency risk and help ensure continuity if demand patterns shift or if certain manufacturing constraints emerge over time.

Markets have been watching custom chip supply relationships closely because Apple’s device roadmap depends on getting specialized components in volume. When a major supplier relationship is extended through a distant endpoint like 2031, investors often interpret it as evidence that Apple and its suppliers have coordinated long-term capacity and technology plans.

Still, details beyond the headline terms were not disclosed in the excerpts available for this report. The companies did not specify, in the material cited here, the exact chip types covered, performance targets, pricing terms, or whether the expanded scope includes new chip categories beyond the “custom ASIC” description.

What to watch next is whether Broadcom’s financial disclosures around the extension include any quantified impact, such as expected revenue contribution, margin implications, or timing of shipments tied to specific Apple product cycles. Separately, investors will likely look for corroboration in Apple’s supply chain communications and in future product announcements that may map to the generations referenced in the agreement.