Apple Secures Broadcom AI Chips Through 2031 and Readies $2,500 Foldable iPhone
AAPL•Apple plans to launch a foldable iPhone priced at $2,500 with limited supply expected to sell out instantly. The company also extended its Broadcom partnership through 2031 to develop purpose-built AI server chips powering Apple Intelligence and the upcoming Siri relaunch.
1. $2,500 Foldable iPhone Launch Potential
Apple is preparing to unveil a foldable iPhone priced at $2,500, with production expected to be constrained by complex hinge design and premium materials. Early adopters and luxury markets are likely to drive initial demand, potentially causing units to sell out within hours of preorders opening.
2. Broadcom Partnership Extended for AI Chips
Apple and Broadcom have agreed to extend their partnership through 2031, under which Broadcom will supply custom application-specific integrated circuits for Apple’s AI servers. These chips are designed to optimize performance and reduce costs for Apple Intelligence workloads and support the Siri relaunch later this year.
