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Bloomberg

Tech Selloff Extends, Apple Seeks Chinese Chips | The Asia Trade 7/2/2026

Thursday, July 2, 2026


Apple has approached Chinese semiconductor manufacturers about sourcing chips, according to Bloomberg. The move comes as technology stocks have declined for a seventh consecutive trading session. Bloomberg reported the development on July 2, 2026, from its Tokyo and Sydney studios. No statement from Apple or Chinese chip manufacturers has been released regarding the sourcing discussions.

Original reporting: https://www.bloomberg.com/news/videos/2026-07-02/the-asia-trade-7-02-2026-video

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