{"id":9460,"date":"2026-06-27T15:17:13","date_gmt":"2026-06-27T15:17:13","guid":{"rendered":"https:\/\/www.fintechpulse8.com\/?p=9460"},"modified":"2026-06-27T15:17:13","modified_gmt":"2026-06-27T15:17:13","slug":"apple-seeks-u-s-approval-to-buy-chips-from-blacklisted-cxmt-ft","status":"publish","type":"post","link":"https:\/\/www.fintechpulse8.com\/?p=9460","title":{"rendered":"Apple seeks U.S. approval to buy chips from blacklisted CXMT: FT"},"content":{"rendered":"

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Apple Inc. is pressing the White House for approval to purchase memory chips from a blacklisted Chinese company as it grapples to rein in chip costs, the Financial Times reported on Saturday.<\/p>\n

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The US tech giant has been lobbying officials in the commerce department and other parts of the Trump administration for a green light to buy chips from ChangXin Memory Technologies Inc., which is on the Pentagon\u2019s 1260H list of companies with alleged connections to the Chinese military, the newspaper reported, citing six people familiar with the matter.<\/p>\n

While Apple isn\u2019t barred from using CXMT as a supplier, the iPhone maker is seeking guarantees CXMT won\u2019t be added to the US\u2019s so-called Entity List that would impose stiff licensing restrictions as Washington and Beijing play hardball over trade and rare earths, the FT said. Apple declined to comment to the newspaper while the White House didn\u2019t respond to the FT\u2019s request for comment.<\/p>\n

Apple took the extreme measure this week of\u00a0raising prices\u00a0for all Macs, iPads, home devices and its Vision Pro augmented reality headset as the company tries to offset cost hikes caused by an unprecedented shortage of memory chips and storage. The company\u00a0warned\u00a0last month that memory shortages would worsen over the course of the year. A memory crunch has rippled through the tech industry, forcing companies to boost prices and reduce output.<\/p>\n

Read More:\u00a0Why the AI Boom Is Making Everything More Expensive<\/p>\n

Apple\u2019s move contributed to a selloff in\u00a0global tech stocks\u00a0this week, stoking concern that rising component costs will curb demand for devices and eventually slow the memory chip rally that has powered much of the AI trade.<\/p>\n

The Pentagon, which had previously removed CXMT and Yangtze Memory Technologies Co. from the 1260H list, restored the two memory chipmakers in its newest version.\u00a0<\/p>\n

While the list carries few immediate legal repercussions, it\u2019s widely considered a red flag to investors that can precede more punitive trade restrictions.<\/p>\n<\/div>\n

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#Apple #seeks #U.S #approval #buy #chips #blacklisted #CXMT<\/p>\n","protected":false},"excerpt":{"rendered":"

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