A little under a year ago, Apple promised to invest $600 billion in the U.S. over a four-year period through an American Manufacturing Program (AMP). The company has today announced its largest single AMP commitment to date: a $30 billion Broadcom chip contract.

The iPhone maker says that the deal will help Broadcom expand its Colorado plant, and lead to the production of more than 15 billion US-made chips …

Broadcom had earlier announced an expanded partnership with Apple to develop and supply a range of custom chips, but the value of the contract had not been revealed at that point.

Broadcom said on Monday it has agreed to expand ​its partnership with Apple through 2031 to develop ‌and supply a range of custom chips

Apple has today provided more detail on the partnership.

The new agreement, expected to exceed $30 billion, will lead to the production of more than 15 billion U.S.-made chips and support hundreds of American jobs […] This new agreement, which marks Apple’s largest AMP commitment to date, will enable Broadcom to expand and modernize its manufacturing facilities in Fort Collins, Colorado, with a $1.5 billion capital expenditure investment.

CEO Tim Cook said the company was proud to deepen its investment in the US economy.

“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 started with a $100 billion AMP commitment, which it said would reach $600 billion over the next four years. An earlier US chip deal with Samsung was announced last year.

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