Comment by fmajid

They are working on it (CXMT for RAM and YMTC for NAND flash) but not having access to ASML’s EUV lithography equipment hobbles them.

The US government is also trying to kneecap them, threatening Apple with tariffs if they went ahead with YMTC storage, even if only for the Chinese market.

They are thus primarily focusing on the Chinese market, but if they weren’t there, DRAM and flash is a global commodity market and prices would have gone up even more insanely than today.