Apple seeks to buy memory chips from blacklisted Chinese company
u/IvoryTowerResident ·
Reddit — r/stocks
· June 27, 2026 at 03:24
· ⬆ 132 pts
· 💬 35 comments
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Summary
The post reports that Apple is lobbying the US government for clearance to buy memory chips from CXMT, a Chinese firm blacklisted by the Pentagon.
The author shares an FT article but does not offer original analysis or a personal thesis; the post is purely a news link.
Quality assessment: This is noise / news aggregation, not well-researched DD or original investment analysis.
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Apple is lobbying the Trump administration for clearance to buy memory chips from CXMT, a Chinese company that the Pentagon has put on a blacklist because of alleged connections to the People’s Liberation Army, according to six people familiar with the matter. The iPhone maker has waged a lobbying campaign to get the blessing from the White House to help ease the financial pressure on the company from the rise in memory chip prices. One person said Apple approached the commerce department more than a month ago, but the tech company has been targeting other officials across the administration and allies in Washington. Apple is not barred from buying chips from CXMT, or YMTC, another Chinese memory chipmaker. But the Pentagon has put both companies on its Chinese Military Company blacklist. The so-called 1260H list contains dozens of Chinese groups with alleged ties to the PLA that undermine US national security
[https://www.ft.com/content/d72a25e2-7bde-4aa9-bd8d-0c4f3d6cb2cb?syn-25a6b1a6=1](https://www.ft.com/content/d72a25e2-7bde-4aa9-bd8d-0c4f3d6cb2cb?syn-25a6b1a6=1)