Amid a soft opener for the broader tech segment on Tuesday, Broadcom (NASDAQ: AVGO ) and Apple (NASDAQ: AAPL ) just announced a partnership expansion that should benefit both companies long-term. Under the agreement, Broadcom will develop 5G radio frequency (RF) components and wireless connectivity components, according to a statement from Apple.
AVGO Stock Alert: Apple Strikes a HUGE 5G Deal With Broadcom