WS #13759
Apple testing memory chips from Chinese CXMT (Pentagon blacklist) for iPhones/MacBooks amid AI-driven memory shortage, but CXMT rejected Apple's lowball offer, pressuring memory incumbents and raising regulatory risks. Hedge fund Situational Awareness invests $400M in chip startup Source Foundry; TSMC reclaims $2T market cap; Micron stock pullback amid memory shortage narrative, indicating continued AI infrastructure investment.
Apple-CXMT memory supply
Apple testing memory chips from Chinese CXMT (Pentagon blacklist) for iPhones/MacBooks amid AI-driven memory shortage, but CXMT rejected Apple's lowball offer, pressuring memory incumbents and raising regulatory risks.
Hedge fund Situational Awareness invests $400M in chip startup Source Foundry; TSMC reclaims $2T market cap; Micron stock pullback amid memory shortage narrative, indicating continued AI infrastructure investment.