Apple’s $1.5 billion manufacturing deal with chipmaker Broadcom announced Wednesday will greatly benefit a Fort Collins facility, where Broadcom has operated a semiconductor plant for years.
The capital expenditure investment, which Apple said is its largest as part of the company’s American Manufacturing Program, is expected to top $30 billion in value over the multiyear agreement and produce 15 billion wireless chips that are used in smartphones and wireless products. Apple said the investment could also lead to hundreds of new jobs in the area.
“The cutting-edge components built in Fort Collins are essential to delivering the incredible performance and connectivity our customers expect, and we’re proud to deepen our investments in U.S.-based suppliers that share our commitment to excellence and innovation,” Apple CEO Tim Cook said in a statement…