Apple Tests CXMT DRAM Chips While JPMorgan Backs Price Hikes
AAPL•JPMorgan analysts said Apple’s latest price hikes on iPhone and Mac models won’t dent demand, positioning the stock to retest record highs. Apple has begun testing DRAM chips from China’s state-backed ChangXin Memory Technologies for devices in China while lobbying the U.S. government for broader approval.
1. JPMorgan Analysis of Price Hikes
JPMorgan analysts concluded that Apple’s recent price hikes on flagship iPhone and Mac models are unlikely to dampen consumer demand, underpinning their view that the stock can revisit previous all-time highs. They cited strong brand loyalty and upgrade momentum in core markets.
2. Testing of Chinese CXMT DRAM Chips
Apple has begun evaluating DRAM chips from state-backed ChangXin Memory Technologies for devices sold in China, aiming to diversify its memory supply chain. The company is engaging U.S. regulators to secure approval for broader use of these locally produced chips in future hardware.
