Trump blocks China-backed fund from acquiring US semiconductor business ㅤ ㅤ ㅤ……

Story at The Washington Examiner, image from semiconductordevice(.net).

ㅤ”The President issued the order Wednesday blocking the purchase of the U.S. chip maker for under the Defense Production Act of 1950, which permits him to restrain foreign entities from acquiring U.S. businesses if he deems there is evidence the foreign party might threaten the national security of the United States.”

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