Apple Seeks Trump Administration Approval to Use Chinese Memory Chips... Micron Objects

Apple has requested the Trump administration to allow Chinese memory chips in overseas products, facing opposition from Micron. The request comes amid soaring memory prices and supply shortages, with Apple proposing to use chips from CXMT and YMTC. CEO Tim Cook suggested revisiting U.S. restrictions on Chinese suppliers ahead of a 2026 price hike for Macs and iPads. Micron warned that allowing Chinese firms to supply U.S. tech companies could destabilize the semiconductor industry, citing risks similar to China's impact on U.S. steel and manufacturing. Micron also noted that low-price pressures during the 2023 memory downturn hindered investment in production capacity, contributing to current shortages.