AVGO Jul 2023 470.000 put
| Previous close | 0.5500 |
| Open | 0.7000 |
| Bid | 0.0000 |
| Ask | 0.6000 |
| Strike | 470.00 |
| Expiry date | 2023-07-21 |
| Day's range | 0.5500 - 0.7000 |
| Contract range | N/A |
| Volume | |
| Open interest | 91 |
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Apple and Broadcom have struck a “multibillion-dollar” agreement for the chip company to provide 5G components made in Colorado and other parts of the US to the iPhone maker, as part of Apple’s push to source more parts from American facilities. Apple said the partnership, which centres on 5G radio frequency components and builds on its existing relationship with Broadcom, was part of its 2021 commitment to spend $430bn with US suppliers and manufacturers over five years. Broadcom confirmed in a regulatory filing that it had entered into two “multiyear statements of work” for the supply of high-performance radio frequency and wireless components to Apple.
