Apple is testing memory chips from Chinese supplier CXMT for its devices to address a global memory shortage driven by the AI boom, facing regulatory hurdles.

Global markets reacted to a sudden shift in geopolitics as crude oil prices plummeted and Wall Street finished a choppy session with mixed results.

Analyst forecasts diverge sharply on newly listed memory firm CXMT, with Nomura predicting massive gains and Morningstar citing technology constraints.