Apple Has a Plan to Fix Its Memory Chip Problem, but the US Government Says No

Trump Opposes Apple Using Chinese Memory Chips

“The Trump administration doesn’t want Apple to buy memory chips from China, Commerce Secretary Howard Lutnick said in an interview. Apple may do so anyway,” the Wall Street Journal reports. “Insatiable demand for computer memory among companies building artificial-intelligence data centers has led to a shortage of the critical component and skyrocketing prices for what […]

Apple’s Costly Memory Bind: Why Washington Keeps Saying No to Chinese Chips

Apple finds itself squeezed. Global demand for memory chips has surged with the artificial intelligence boom. Prices have climbed. Product costs followed. The iPhone maker responded with selective price hikes and a search for new suppliers. One option lay in China. But federal officials drew a firm line. Commerce Secretary Howard Lutnick delivered the message bluntly. He spoke after touring an Apple manufacturing site in Houston. “The Trump admi…

Lutnick Draws Red Line: “Great American Companies” Shouldn’t Use Chinese Memory Chips

Lutnick Draws Red Line: “Great American Companies” Shouldn’t Use Chinese Memory Chips One week after The Wall Street Journal reported that Tim Cook’s Apple was testing memory chips from China’s CXMT, a company blacklisted by the Pentagon over alleged ties to the People’s Liberation Army, the outlet published a follow-up story with an interview with...

Apple gets U.S. warning not to buy Chinese memory chips (AAPL)

Apple (AAPL) stock is in the crosshairs as the Trump administration warns the company against buying Chinese memory chips amid an AI-led supply crunch. Read more here.