President Trump has ordered the divestment of a $2.9 million deal involving computer chips from Emcore Corp. The concern is that if HieFo Corp. maintains control of this technology, it could threaten U.S. security interests. Emcore, which specializes in aerospace and defense, had previously sold its computer chips and wafer fabrication operations to HieFo. The company was publicly traded during the deal but was taken private last year by Charlesbank Capital Partners. The move to unwind the deal reflects ongoing tensions around technology transfers, particularly those involving sensitive technology that could be exploited by foreign entities. This action follows a broader trend where U.S. lawmakers and regulators are scrutinizing investments in Chinese tech companies, aiming to protect domestic security. The stakes are high, as the implications of such technology deals can have lasting impacts on national security.