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Commerce Secretary Howard Lutnick informed Apple that the US is not in favor of the company purchasing memory chips from China. Lutnick stated that American companies should not use Chinese memory and urged the iPhone maker to find alternative solutions to the current supply issue.
Apple is testing memory chips from CXMT and YMTC, asserting it must consider all options as an AI driven supply shortage pushes prices higher. The US pressure campaign reflects broader warnings regarding national security and supply chain risks.
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Key sources
- SOURCE@techmeme“there have to be 'other solutions to the memory issue'”x.com
- SUPPORT@firstsquawk“amid national security and supply chain concerns”x.com
- SUPPORT@staunovo“Commerce Secretary Howard Lutnick urges iPhone maker to find other solutions to AI-driven chip supply crunch”x.com
- SUPPORT@firstsquawk“Apple is testing chips from CXMT and YMTC and says it must consider “all options.””x.com
- SUPPORT@financialjuice“U.S. urges Apple against purchasing Chinese memory chips”x.com
- SUPPORT@kalshi_finance“stop sourcing memory chips from China”x.com