President Trump orders divestment in $2.9 million chips deal to protect U.S. security interests
File photo of U.S. President Donald Trump. | Photo Credit: AP President Donald Trump on Friday (January 2, 2026) ordered the unravelling of a $2.9 million computer chips deal that he concluded threatened US security interests if the current owner, HieFo Corp., remained in control of the technology. The executive order cast a spotlight on…