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Apple tests CXMT memory chips for iPhones and MacBooks amid shortage

News Snapshot:

Cheryl Casone and Rob Thummel discuss reports of Apple testing Chinas CXMT memory chips for iPhones and Macbooks as Beijing unleashes $28 trillion to challenge the United States in the artificial intelligence race. Apple is reportedly in the process of testing memory chips made by Chinese company CXMT across its lineup of devices, including in iPhones and MacBooks, as it looks at options to address the shortage of memory chips. The Wall Street Journal on Sunday reported that Apple has held early talks with CXMT about the company providing chips that would be used in devices sold in China, citing…

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