WASHINGTON, July 30 -- Sen. Jim Banks issued the following press release:
Click here (https://www.bloomberg.com/news/articles/2026-07-29/senators-warn-apple-not-to-buy-memory-chips-from-chinese-firms?utm_source=website&utm_medium=share&utm_campaign=copy) to read the full story from Bloomberg or read below.
EXCLUSIVE: A bipartisan group of US senators urged Apple Inc. to abandon any efforts to buy chips from blacklisted Chinese semiconductor suppliers CXMT Corp. and Yangtze Memory Technologies Co., warning that the iPhone maker risked becoming reliant on a US adversary for crucial components.
In a letter addressed to Apple Chief Executive Officer Tim Cook, the senators said the company should refrain from using memory chips from CXMT and ...