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Apple Lobbies Trump Administration to Purchase Chinese DRAM Chips After $263B Market Cap Drop This Week

2026-06-28 02:33:48

According to Financial Times, Apple raised prices for MacBook and iPad this week, wiping out $263 billion in market value, as the company lobbies the Trump administration to approve purchases of memory chips from Chinese chipmaker Changxin Storage. Apple seeks to add the supplier to its memory sourcing list to ease financial pressures amid rising component costs. Changxin Storage is currently on the U.S. Defense Department's list of Chinese military-linked enterprises.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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Apple Lobbies Trump Administration for Approval to Purchase Changxin Storage DRAM Chips

Apple Raises MacBook, iPad Prices on Thursday, Market Cap Falls $263 Billion; Lobbies for Approval to Source from China's Yangtze Memory

In-Depth Analysis

Apple Raises Product Prices Due to Memory Costs as Analysts Back Pricing Power

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Market Whisper06-26 01:49

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