Woofun AI reports that Apple is lobbying the Trump administration to secure approval for purchasing memory chips from Chinese manufacturer YMTC. Following price increases on MacBook and iPad models driven by rising memory costs, Apple’s market capitalization declined by $263 billion on Thursday.

Apple aims to integrate YMTC into its supply chain to mitigate financial pressures, despite both YMTC and Changjiang Storage being listed on the U.S. Department of Defense’s blacklist of Chinese military enterprises. While the U.S. Department of Commerce previously planned to add YMTC to this list, the White House delayed the move during trade negotiations with China. The global memory chip sector remains dominated by Micron, Samsung, and SK Hynix.