Trump Orders HieFo to Divest Chinese-Owned Chip Tech
Update: 2026-01-02
Description
President Trump orders HieFo to divest computer chip technology, citing national security concerns. The deal, worth $2.9 million, was made with Emcore, a tech firm. HieFo, founded by Dr. Genzao Zhang and Harry Moore, planned to keep the same team in California for AI solutions. Emcore was privately acquired last year by Charlesbank Capital Partners. Checkout Solipillow.com
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