Committee on Foreign Investment in the United States (CFIUS)

Rule Changes

Monitoring HieFo's weekly compliance certifications ahead of July 1 divestment deadline

Trump's January 2026 order forcing HieFo Corporation to unwind its $2.92 million purchase of EMCORE's indium phosphide chip business reaches its 180-day deadline in early July 2026. HieFo (controlled by Chinese national Genzao Zhang) has filed weekly compliance certifications to CFIUS. It must fully divest the California semiconductor facility, intellectual property, and military chip operations it acquired in April 2024.

Updated 2 days ago

Rule Changes

Referenced as part of the mitigation architecture tied to the divestiture framework

The deal closed on January 22, 2026. TikTok's U.S. operations now belong to TikTok USDS Joint Venture LLC—a new entity where Oracle, Silver Lake, and Abu Dhabi's MGX each hold 15%, existing ByteDance investor affiliates hold 30.1%, and ByteDance itself retains exactly 19.9%.

Updated May 15