Companies. United States orders divestment of Emcore assets. President Donald Trump ordered HieFo Corporation to divest specific assets of Emcore Corporation on national security grounds; the measure targets photonics and semiconductor technologies considered sensitive by the administration. The decision requires changes in ownership and control structures, directly affecting Emcore’s operations and HieFo’s investment plans. Politics. White House cites national security in chips decision. The White House formalized a presidential action mandating the divestment linked to the Emcore transaction; federal agencies were instructed to oversee implementation and compliance. The move reinforces the use of executive authority to restrict foreign-linked ownership in strategic technology sectors. International. Explosions reported in Caracas raise regional tensions. Multiple explosions and reports of low-flying aircraft were recorded in Caracas during the early morning hours; power outages affected areas near military installations. Venezuelan authorities accused the United States of involvement, while aviation authorities issued flight safety warnings for the region. Innovation. Biren Technology shares surge in Hong Kong debut. Chinese artificial intelligence chip designer Biren Technology posted a sharp rise in its first day of trading in Hong Kong; the listing highlighted strong investor demand for artificial intelligence hardware. The performance underscored continued global interest in advanced semiconductor development despite geopolitical constraints.