ReferIndia News President Trump orders divestment in $2.9 million chips deal to protect US security interests

ReferIndia News

Mumbai’s Trusted Investment Experts

24+ years of financial planning, portfolio management & wealth growth.

Learn More
News Image

President Trump orders divestment in $2.9 million chips deal to protect US security interests

Published on: Jan. 3, 2026, 6:57 a.m. | Source: The Economic Times

President Donald Trump on Friday 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.

Checkout more news
Ad Banner

✅ Secure, cloud-based clinic management software

Manage digital prescriptions, appointments, patient records, billing, files, and reports — everything your clinic needs in one powerful platform.

Know more
ReferIndia News contact