Broadcom has agreed to provide Anthropic with a financing facility of up to $42 billion to support infrastructure expansion and equipment leasing.

Apple has committed to a multi-year, $30 billion agreement with Broadcom to produce advanced wireless components at a facility in Fort Collins, Colorado.

Broadcom shares climbed following a new agreement to provide silicon products to Apple, boosting the S&P 500. Meanwhile, the administration introduced new investment accounts for children under 18.