Chip wars: Apple's multi-billion-dollar deal with Broadcom

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Apple have announced a multi-billion-dollar deal with technology and manufacturing company Broadcom to produce 5G components to be used in its products. Kasia Madera hears from Stacy Ragson, Managing Director and Senior Analyst at U.S. Semiconductors and Semiconductor Capital Equipment in L.A. (Picture: CUPERTINO, CALIFORNIA - SEPTEMBER 07: Apple CEO Tim Cook looks on during an Apple special event on September 07, 2022 in Cupertino, California. Picture Credit: Getty Images).