24/7 Wall Street
25 Jul 2026, 12:02 UTC · 3h ago
Apple's Fight With Micron Just Took a Wild Turn — And It Could Reshape the Memory Market
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
24/7 Wall Street
25 Jul 2026, 12:02 UTC · 3h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
What the story claims
4 claims · each scored for market impact
Micron's high-margin AI-driven High-Bandwidth Memory (HBM) remains insulated from competition even if Apple secures a supplier exemption for Chinese DRAM. — The profit center for Micron is AI-specific HBM, which CXMT cannot produce, meaning the core growth engine remains protected regardless of the Apple dispute.
+0.60Micron has achieved gross margins above 80% due to AI demand outpacing memory supply. — Extremely high margins signal massive pricing power and a strong fundamental outlook for the semiconductor supplier.
+0.40Apple is lobbying the Trump administration for permission to source memory from the blacklisted Chinese supplier CXMT to lower costs. — This creates significant geopolitical and reputational risk for Apple if they are seen bypassing U.S. restrictions on military-linked entities.
-0.30Continue reading
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Apple has increased MacBook and iPad prices by approximately 20% due to a severe memory shortage. — Higher consumer prices may dampen demand for Apple's hardware, while confirming the severity of the supply chain bottleneck.
-0.20Which stocks this story touches
The company maintains strong pricing power and a dominant, high-margin position in the AI-driven HBM memory market.
The company faces potential reputational and political risks for lobbying to use a blacklisted supplier while being criticized for its own price hikes.
Mentioned positively as the driver of AI accelerator demand, though not the primary focus of the article.
[b_to_a] Apple is a customer of Micron for memory components used in MacBooks and iPads.
[a_to_b] Micron supplies memory chips to Apple, though Apple has accused them of price-gouging.
[a_to_b] Micron produces high-bandwidth memory (HBM) used in Nvidia's AI accelerators.
[b_to_a] Nvidia uses Micron's high-bandwidth memory for its AI chip segment.
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