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Loop Says Apple (AAPL) Is Looking to China for Memory Supply Relief
Key takeaways
- On June 29, Loop reiterated the stock as "Buy." The firm noted that its channel checks show Apple is looking into China for "memory relief."
- Apple has reportedly begun launching a lobbying campaign seeking clearance from the Trump administration to source memory chips from CXMT, as per The Financial Times.
- Earlier this month, the Pentagon updated the 1260H list which blacklisted memory chipmakers CXMT and YMTC as well as dozens of other Chinese groups based on their alleged links to the People's Liberation Army.
Loop Says Apple (AAPL) Is Looking to China for Memory Supply Relief Ghazal Ahmed Tue, June 30, 2026 at 5:26 PM GMT+7 2 min read AAPL NVDA MU Apple (NASDAQ:AAPL) is one of the 14 AI Stocks Making Moves on Wall Street: Nvidia, Micron, and More.
On June 29, Loop reiterated the stock as "Buy." The firm noted that its channel checks show Apple is looking into China for "memory relief."
Following up on our previous trail of breadcrumbs pointing towar ds AAPL looking deeper into using local content in/from China for myriad reasons, the recent news of AAPL lobbying the US Government to allow for procurement of DRAM from Chinese CXMT [ChangXin Memory Technologies} is right on course with our ongoing research.
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