Apple’s Rumored China Chip Deal Could Blow a Hole in Micron and Trap the US for Years
Quick Read Apple is reportedly targeting Chinese fab CXMT for LPDDR5X memory, threatening Micron’s $12 billion mobile segment despite its 85% gross margins. SanDisk and Western Digital sold off sharply as Apple’s CXMT talks erased the assumption Chinese supply cannot undercut memory pricing floors. Carter Worth flagged four 20% drops in Micron since March and…
