May 2, 2026

Trump blocks sale of US semiconductor company to Chinese firm

Washington US President Donald Trump has blocked the proposed USD 1.3 billion acquisition of an American semiconductor company to a Chinese government-financed firm, citing national security concerns, the White House has said. A federal panel that reviews foreign investment in the US for possible security threats ruled against the proposed USD 1.3 billion purchase last […]

  • 1
  • 2