President Trump orders divestment of $2.9 million chip deal to protect US security interests

WASHINGTON (AP) — President Donald Trump on Friday ordered the unraveling of a $2.9 million computer chip deal that he concluded threatened U.S. security interests if the current owner, HieFo Corp., retained control of the technology. The executive order spotlighted a business deal that attracted little attention at the time announced in May 2024 during […]