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Broadcom and Apple extend chip supply partnership to 2031, stock price rises

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Broadcom and Apple Extend Chip Deal Through 2031, Shares Surge 5% Intraday

Broadcom (AVGO) rallied after Reuters reported the company extended its custom-chip supply agreement with Apple through 2031. Shares jumped more than 5% in midday trading.

Apple Intelligence iPhone upgrade cycle five new models

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Apple Intelligence Fails to Spark Upgrade Cycle, But Five New iPhones Are on the Way

Apple’s AI features haven’t moved the needle on iPhone upgrades, but the company is plotting at least five new models—including its first foldable—to reignite demand. Shares rose 3.51% on the news.

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Broadcom and Apple Extend Chip Deal Through 2031, Shares Surge 5% Intraday

Apple Intelligence Fails to Spark Upgrade Cycle, But Five New iPhones Are on the Way

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