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BusinessOctober 18, 2026, 02:55

Apple CEO John Ternus calls memory chip shortage an 'absolute crisis'

Apple chief executive John Ternus told TIME that "all options should be on the table" on memory chips and called the constraints "absolutely a crisis." The FT reported in July that Apple had begun testing Chinese-made memory, prompting bipartisan senators to warn of national security risks.

Apple CEO John Ternus calls memory chip shortage an 'absolute crisis'
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