On June 20, The Wall Street Journal reported that U.S. President Trump is unwilling to witness consumers bearing the brunt of price surges. However, the scarcity of memory chips has already triggered price increases for Apple's products. Moreover, U.S. policymakers are not expected to swiftly resolve this dilemma in the near future. Presently, only a select few companies across the globe are engaged in the production of memory and storage chips, and constructing new factories demands several years. China's ChangXin Memory Technologies and Yangtze Memory Technologies are experiencing rapid development and might offer partial relief to the shortage. Nevertheless, U.S. national security regulations impose restrictions on American companies from collaborating with them. The memory chip shortage has already prompted major consumer technology firms to urge the U.S. government to relax these restrictions.
