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2026

Trump blocks U.S. chip deal over security, China-linked ownership

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WASHINGTON, D.C.: U.S. President Donald Trump has moved to stop a small but sensitive semiconductor-related acquisition, ordering a U.S. photonics firm to unwind a deal involving aerospace and defense assets after determining it posed national security risks tied to China.

In an order released by the White House, Trump blocked HieFo Corp's US$3 million acquisition of assets fr















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