Micron set to gain as U.S. pressures Apple over Chinese DRAM
Micron stands to benefit as the U.S. Commerce Department warns Apple over sourcing memory chips from Chinese suppliers while a DRAM shortage intensifies. Apple explores alternatives, as devices using CXMT memory appear beyond the U.S. A possible Commerce block on Apple’s DRAM sourcing from CXMT would shift supply reliance toward U.S. and allied makers, with Micron a leading domestic producer after targeting 40% of U.S. DRAM output and committing $250B+ in investments through 2035.