Apple wants Trump to approve Chinese memory chips; Micron warns the move could destroy America’s last major…

Apple wants Trump to approve Chinese memory chips; Micron warns the move could destroy America’s last major memory-chip producer.

Via WSJ

Tim Cook has reportedly asked the administration to let Apple use chips from China’s CXMT and YMTC in products sold outside the US.

Apple says this would ease the global shortage and lower costs. Memory-chip prices have quadrupled over the past year, while Micron’s gross margins now exceed 80%. Apple accuses the company of raising prices and reserving too much new capacity for AI data centers.

It's crazy to see that China is increasingly becoming the supplier of almost everything.

First posted to our Telegram.