Apple lobbies Trump for CXMT chips
Analysis based on 68 articles · First reported Jun 17, 2026 · Last updated Jul 10, 2026
Apple Inc.'s lobbying efforts to source chips from blacklisted Chinese companies highlight the significant impact of geopolitical tensions and supply chain constraints on the technology sector. The price hikes by Apple Inc. on its products, driven by rising memory chip costs, have already led to a substantial drop in its market capitalization and contributed to a selloff in global tech stocks. If Apple Inc. secures approval, it could alleviate some cost pressures for Apple Inc. but might face strong objections from Congress and security experts, potentially impacting investor confidence in the broader U.S. technology industry's reliance on foreign supply chains.
Apple Inc. is engaged in an intensive lobbying campaign with the Trump administration to gain approval for purchasing memory chips from Yangtze Memory Technologies, a Chinese company blacklisted by the United States — United States Department of Defense due to alleged ties to the National Liberation Army. This initiative by Apple Inc. is a direct response to the escalating costs of memory chips, which have forced the company to raise prices for its MacBooks, iPads, and other products, leading to a significant decline in its market capitalization. While Apple Inc. is not legally barred from buying from Yangtze Memory Technologies, it seeks guarantees that the company will not be added to the United States — United States Department of Commerce's Entity List, which would impose severe trade restrictions. The situation underscores the complex challenges faced by major U.S. technology firms as they navigate rising component costs, driven by the AI industry's demand, against a backdrop of tightening U.S. national security restrictions on Chinese chipmakers. The Pentagon recently reinstated Yangtze Memory Technologies and Yangtze Memory Technologies to its 1260H list, further complicating Apple Inc.'s efforts. The outcome of Apple Inc.'s lobbying could set a precedent for other U.S. companies dealing with similar supply chain and geopolitical pressures.
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