Source: The Wall Street Journal (paywall)
Apple is asking the incoming Trump administration to permit Chinese memory chip integration in products destined for non-US markets—a hedge against potential supply chain restrictions and tariffs on US-made semiconductors. Micron's counter-lobbying exposes the industrial politics underlying Trump's China policy: semiconductor makers are competing for the same regulatory decision, with Apple's scale and political access potentially outweighing smaller competitors' interests. Industry consolidation arguments about preserving "the US chip industry" flatten into a question of whose margins get protected.