Apple reportedly preparing to ditch Broadcom chips for in-house design: Bloomberg

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By Yasin Ebrahim

AiVIF.com -- Apple (NASDAQ:AAPL) is preparing to ditch the use of Broadcom (NASDAQ:AVGO) chips and Qualcomm modems in its devices as soon as 2024 and 2025, respectively, Bloomberg reported, citing unnamed sources. 

Broadcom ended 2% lower, while Qualcomm Incorporated (NASDAQ:QCOM) closed 0.6% lower.