Apple seeks to buy memory chips from blacklisted Chinese company

Apple is lobbying the Trump administration for approval to purchase memory chips from CXMT, a blacklisted Chinese company. The iPhone maker aims to ease pressure from rising chip prices and address ongoing shortages. This move highlights the tension between managing supply chain risks and navigating geopolitical constraints. By securing these components, Apple seeks to stabilize tech pricing while dealing with the complexities of trade restrictions and the current geopolitical landscape affecting global semiconductor procurement.