Apple seeks U.S. approval to buy chips from blacklisted CXMT: FT

Apple is looking to get U.S. approval to source chips from ChangXin Memory Technologies (CXMT), a company that's on the Pentagon’s blacklist due to suspected ties with the Chinese military. This move comes amid rising tensions over semiconductor supply chains, with CXMT potentially offering a solution to Apple's current memory shortages. The approval could shift the dynamics of global tech supply chains, especially if it sets a precedent for sourcing from otherwise restricted companies. This development highlights the complex balancing act tech giants face between supply chain security and operational needs.