Apple, Broadcom Expand Custom Chip Partnership | Bloomberg Tech 7/06/2026
Summary
Bloomberg’s Ed Ludlow breaks down Apple's big bet on Broadcom for the future, extending its custom chip partnership through 2031. Plus, Microsoft eyes a massive reorganization of its Xbox unit with pl
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Transcript Excerpt
>> "BLOOMBERG TECH" IS LIVE FROM THE HEART OF SILICON VALLEY, WITH ED LUDLOW IN SAN FRANCISCO. ED: THIS IS "BLOOMBERG TECH." APPLE BETS BIG ON BROADCOM FOR THE FUTURE, EXTENDING ITS CUSTOM TO PARTNERSHIP THROUGH 2031. MICROSOFT EYES A MASSIVE REORGANIZATION OF THE XBOX UNIT WITH PLANS TO ELIMINATE 20% OF ITS STAFF. AND SK HYNIX U.S. LISTING. FROM NEW YORK CITY, WELCOME TO "BLOOMBERG TECH." THIS IS WHAT MARKETS LOOK LIKE. SEMICONDUCTORS HIGHER AS INVESTORS RETURN TO THE AI TRADE AFTER LAST WEEK'S SELLOFF, BEDDING THE CYCLE STILL HAD -- BATCHING THE CYCLE STILL HAS LEGS. AMD IS REALLY ACCELERATING INTO THE SESSION, UP ALMOST 9% OR SO. OUT OF STORY IS BROADCOM, NOT JUST LEADING THE RALLY, IT IS ALSO AT THE AT THE CENTER OF THE NEWS. THE STOCK IS HIGHER AFTER ANNOUNCING A NEW AGREEMENT WITH AP…