Trump blocks chipmaker merger, citing national security risk

Jan 3, 2026 - 01:00
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Trump blocks chipmaker merger, citing national security risk
President Trump signed an executive order Friday blocking a semiconductor deal between HieFo Corp. and Emcore Corp., citing national security concerns related to China.  “There is credible evidence that leads me to believe that HieFo Corporation, a company organized under the laws of Delaware (HieFo) and controlled by a citizen of the People’s Republic of…