President Orders Divestment of Chip Spinoff After CFIUS Review

Posted 1/2/26

President Trump on January 2 ordered a California spinoff to divest its interests in certain semiconductor assets purchased in 2024 from its former parent, citing national security risks identified through a review by the Committee on Foreign Investment in the United States (CFIUS).. The 2024 transaction was not voluntarily filed with CFIUS, despite "credible evidence" that one of the owners is a Chinese citizen.

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