Apple is lobbying the Trump administration for approval to purchase memory chips from Chinese supplier ChangXin Memory Technologies (CXMT) as it faces supplier-related cost pressure following a $263 billion loss in market value.
According to NS3.AI, Apple is seeking to add CXMT to its list of memory suppliers to help ease cost pressure from its existing supply chain.
The report noted that CXMT and Yangtze Memory Technologies Co. (YMTC) are included on the U.S. Department of Defense’s 1260H list.
Apple Seeks Trump Administration Approval to Buy CXMT Memory Chips After $263 Billion Market Value Loss
2026-06-27 02:58:47
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
