US Government Forces HieFo to Return $3 Million in Chip Assets
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- National Security Threat: The US government has mandated HieFo to return nearly $3 million in chip assets purchased from Emcore, citing national security concerns, which underscores the stringent scrutiny of foreign investments.
- Transaction Reversal Order: The Committee on Foreign Investment in the US (Cfius) has ordered HieFo to completely reverse the transaction, reflecting heightened vigilance towards Chinese technology investments and potentially impacting future similar deals.
- China's Semiconductor Policy: The Chinese government now requires chipmakers to source at least 50% of their equipment domestically when expanding production capacity, aiming to reduce reliance on foreign technology, which may intensify US-China tech competition.
- Trade Policy Uncertainty: While the Trump administration has relaxed some trade restrictions with China, it still blocks certain exports and investments, indicating contradictions in its technology policy that could affect market confidence.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







