Ming-Chi Kuo: Apple will launch its own Wi-Fi chip next year to reduce reliance on Broadcom
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Renowned analyst Ming-Chi Kuo stated that Apple plans to launch its own Wi-Fi chips next year to reduce reliance on Broadcom. This news could have a significant impact on Broadcom, leading to a 5% drop in its stock price. Apple's stock also fell by 1.6%. It is expected that Apple will use these chips when launching new products in the second half of 2025, with nearly all products adopting internal Wi-Fi chips within three years. Apple's fourth fiscal quarter results showed a total sales increase of 6.1% year-on-year, with earnings per share of $1.64, exceeding analyst expectations
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