Apple and Broadcom (NASDAQ: AVGO) sign multi-year ASIC chip pact
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Broadcom Inc. has expanded its long-standing collaboration with Apple Inc. through 2031. The companies entered new multi-year agreements under which Broadcom will develop and supply a range of custom ASIC silicon products for use in multiple generations of Apple devices.
Broadcom also includes a cautionary note that these plans involve forward-looking statements and may differ from actual results. It directs readers to existing risk factor disclosures in its Form 10-K for the year ended November 2, 2025 and Form 10-Q for the period ended May 3, 2026.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 8.01 — Other Events
1 item
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Key Figures
Collaboration term: 2031
Latest Form 10-K period end: November 2, 2025
Latest Form 10-Q period end: May 3, 2026
3 metrics
Collaboration term
2031
Expanded Broadcom–Apple technology collaboration runs through 2031
Latest Form 10-K period end
November 2, 2025
Year ended date for Broadcom’s referenced Annual Report on Form 10-K
Latest Form 10-Q period end
May 3, 2026
Period ended date for Broadcom’s referenced Quarterly Report on Form 10-Q
Key Terms
custom ASIC silicon products, forward-looking statements, Risk Factors, Annual Report on Form 10-K, +1 more
5 terms
custom ASIC silicon products technical
"develop and supply a range of custom ASIC silicon products for use"
forward-looking statements regulatory
"contains forward-looking statements (including within the meaning of Section 21E"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Risk Factors financial
"risk factors discussed under the heading “Risk Factors” in Broadcom’s Annual Report"
Risk factors are elements or conditions that could cause an investment's value to decrease or lead to potential losses. They are like warning signs or obstacles that can affect the success of an investment, making it uncertain or more unpredictable. Recognizing risk factors helps investors understand the possible challenges and make more informed decisions.
Annual Report on Form 10-K regulatory
"in Broadcom’s Annual Report on Form 10-K for the year ended November 2, 2025"
An annual report on Form 10‑K is a required, comprehensive filing that publicly traded companies give to regulators and investors summarizing their business, results of operations, detailed financial statements reviewed by independent auditors, material risks, legal issues and management’s discussion of performance. Investors use it like a company’s year‑end report card and medical checkup: it reveals how the business made money, where it is vulnerable, and the facts needed to compare value, judge risk and make informed investment decisions.
Quarterly Report on Form 10-Q regulatory
"Quarterly Report on Form 10-Q for the period ended May 3, 2026"
A quarterly report on Form 10-Q is a standardized financial filing public companies must submit to U.S. regulators every three months, summarizing recent financial results, cash flows, balance sheet changes, operations and material risks or legal developments. Investors treat it like a company report card that shows up-to-date facts rather than marketing copy, helping them track performance, spot trends, reassess risk and make buy or sell decisions.
FAQ
What did Broadcom (AVGO) announce about its collaboration with Apple?
Broadcom announced it has expanded its long-standing collaboration with Apple through 2031. New multi-year agreements have Broadcom developing and supplying custom ASIC silicon products for use in multiple generations of Apple products, reinforcing Apple as a key customer and technology partner.
How long will the Broadcom (AVGO) and Apple collaboration last under the new agreements?
The expanded collaboration between Broadcom and Apple is planned to run through 2031. The new multi-year agreements cover Broadcom’s development and supply of custom ASIC silicon products that will be used across multiple future generations of Apple’s hardware products.
What products will Broadcom (AVGO) supply to Apple under the new agreements?
Broadcom will develop and supply custom ASIC silicon products for Apple under the new agreements. These application-specific integrated circuits are designed for particular functions and will be used in multiple generations of Apple products over the life of the collaboration.
Does the Broadcom (AVGO) announcement include forward-looking statements?
Yes, the announcement explicitly contains forward-looking statements subject to risks and uncertainties. Broadcom cautions that actual results may differ materially and refers readers to risk factors in its Form 10-K for the year ended November 2, 2025 and Form 10-Q for the period ended May 3, 2026.