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Apple Just Announced a Multibillion-Dollar Deal With Broadcom -- Here's What Investors Should Know

Danny Vena, The Motley Fool
·3-min read
Apple Just Announced a Multibillion-Dollar Deal With Broadcom -- Here's What Investors Should Know

In early 2018, Apple (NASDAQ: AAPL) announced plans to invest $350 billion in the U.S. economy. At the time, the company said this set of investments would be concentrated on those areas where Apple could have the "greatest impact on job creation." Apple just took another big step in fulfilling its pledge, striking a multiyear, multibillion-dollar deal with chipmaker Broadcom (NASDAQ: AVGO) to create components for its devices that will be made in the U.S.

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