Broadcom and Apple Extend Partnership Through 2031 with Multi-Year Custom Chip Deal
The new multi-year agreement covers custom ASIC silicon and wireless components.
Already have an account? Sign in.
The new multi-year agreement covers custom ASIC silicon and wireless components.
Microsoft is eliminating around 4,800 jobs, including 3,200 at Xbox (20% of its workforce), as part of a major restructuring. 1,600 cuts hit immediately, with more phased through 2027 amid profitability push and AI shift.
Lockheed Martin is acquiring undersea warfare leader Ultra Maritime for $3.45 billion to boost its sonar, sonobuoy, and anti-submarine capabilities.
The acquisition strengthens its position in AI, semiconductors, and advanced materials. Expected to close in H1 2027.