Broadcom and Apple extend a custom chip partnership through 2031, reinforcing a long-running supply-and-design model

Broadcom and Apple have expanded their technology collaboration for custom chips, extending the agreement through 2031, according to a report carried by Yahoo Finance on July 14, 2026.

The update centers on custom ASICs, meaning application-specific integrated circuits built for particular devices or functions rather than general-purpose chips. In the arrangement described in the report, Broadcom is expected to develop and supply these Apple-specific ASICs under multi-year agreements that run to 2031.

The extended scope matters to Broadcom because custom ASIC development and supply contracts tend to be tightly coupled to product roadmaps and long lead times. Longer-running terms can help reduce uncertainty around demand and planning, even though the specific volume and pricing terms were not laid out in the Yahoo Finance post.

For Apple, specialized silicon remains a lever for performance, power efficiency, and device-level features. While the report does not describe which Apple products are covered by the extension, the fact that Broadcom’s work is framed as custom ASIC development and supply indicates Apple is continuing to lean on a partner relationship for non-standard chips.

The broader semiconductor supply dynamic is that Apple designs system-level platforms but still relies on external fabrication and specialized chip development partners to deliver the right mix of capabilities and cost. A longer partnership term can support continuity in that workflow, especially for chips that must match Apple’s internal architectures and manufacturing schedules.

At the same time, the Yahoo Finance update did not provide granular financial detail. It did not disclose contract values, expected incremental revenue, or margins attributable specifically to the extended period, nor did it enumerate which custom ASIC families are included through 2031.

That leaves investors with a set of practical questions that the announcement did not directly answer: how the new multi-year agreements affect Broadcom’s near-term revenue cadence, whether Apple will expand or narrow custom silicon scope within the term, and how quickly any future custom designs could translate into shipments.

For now, the most concrete takeaway is continuity. Extending the Apple relationship through 2031 reinforces that Broadcom’s custom silicon capabilities are positioned as a durable part of Apple’s chip strategy, even as the industry waits for the next wave of device cycles and the specific chip generations covered by the expanded deal.