Broadcom falls, analyst says Apple to cut reliance for Wi-Fi chips
** Shares of Broadcom AVGO.O fall 4.2% to $169.28
** Apple AAPL.O will rapidly reduce its reliance on Broadcom, with new products in 2H25, it plans to use own Wi-Fi chips, which will be made by Taiwan Semiconductor Manufacturing Co's 2330.TW N7 process - TF International Securities analyst Ming-Chi Kuo
** AAPL expects to move nearly all products to in-house Wi-Fi chips within about three years, AVGO currently supplies more than 300 million Wi-Fi + Bluetooth chips a year to Apple, analyst adds
** Apple set to report fiscal Q4 results on Thursday after markets close
** Apple and Broadcom did not immediately respond to Reuters requests for comment
** Up to last close, AVGO had risen ~58% this year
Reporting by Akash Sriram in Bengaluru
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