Apple Pledges $30 Billion for US Chip Supply, EU Upholds App Store Ruling
AAPL•Apple has committed $30 billion to Broadcom through 2026 to bolster US chip manufacturing capacity, securing supply for future M-series processors. The company also lost EU appeals over the Digital Markets Act, forcing it to allow alternative app stores and payment systems on iOS in Europe.
1. Broadcom Investment
Apple has agreed to invest $30 billion in Broadcom through 2026 to support US-based chip fabrication for future M-series processors and reduce dependence on offshore foundries.
2. EU Regulatory Setback
The company lost appeals against the EU Digital Markets Act, forcing Apple to allow alternative app stores and third-party payment systems on iOS across Europe, potentially altering its services revenue dynamics.
