Broadcom Inc. (NASDAQ:AVGO) was last up nearly 5% around $389, outpacing the Invesco QQQ Trust, iShares Semiconductor ETF, and the SPDR S&P 500 ETF Trust in active trading on July 8, 2026, in New York. Apple Inc. said its latest supply deal with Broadcom is worth more than $30 billion, specifying Fort Collins, Colorado as a manufacturing site for U.S.-built chips. According to Broadcom’s SEC filing, the two are set to work into 2031, supplying custom ASIC silicon for new generations of Apple products. Apple now says the extended deal could add up to more than $30 billion, with the hope of making over 15 billion U.S.-made chips. Spreading $30 billion over 2031 comes out to about $6 billion a year. Broadcom’s most recent quarter already brought in $22.187 billion in revenue, with $10.8 billion just from its AI chip sales. Analyst say the issue is customer risk; Reuters said Apple makes up roughly 20% of Broadcom’s yearly sales, based on analyst estimates.