Regarding the Acquisition of Certain Assets of Emcore Corporation by Hiefo Corporation
Executive orderRegulation tightenedPublished 01/02Open the original
Summary
Under section 721 of the Defense Production Act, President Trump prohibits HieFo Corporation, controlled by a citizen of China, from owning the EMCORE digital chip and wafer design, fabrication and processing assets it acquired on April 30, 2024, and orders it to divest them within 180 days.
By industry
- Semiconductors & CHIPS Act1 trading day+4.6%p15 stocks5 trading days+8.5%p15 stocks20 trading days+17.1%p15 stocks
“the digital chips and related wafer design, fabrication, and processing businesses of EMCORE Corporation”
Day by day after the announcement
| Day | Semiconductors & CHIPS Act stocks | S&P 500 |
|---|---|---|
| 25/12/31 | 0.0% | 0.0% |
| 26/01/02 | +4.8% | +0.2% |
| 26/01/05 | +7.3% | +0.8% |
| 26/01/06 | +12.3% | +1.5% |
| 26/01/07 | +12.1% | +1.1% |
| 26/01/08 | +9.7% | +1.2% |
| 26/01/09 | +13.2% | +1.7% |
| 26/01/12 | +12.5% | +1.9% |
| 26/01/13 | +13.6% | +1.7% |
| 26/01/14 | +13.0% | +1.1% |
| 26/01/15 | +15.2% | +1.5% |
| 26/01/16 | +15.7% | +1.4% |
| 26/01/20 | +15.2% | −0.6% |
| 26/01/21 | +20.8% | +0.7% |
| 26/01/22 | +19.1% | +0.9% |
| 26/01/23 | +17.4% | +0.9% |
| 26/01/26 | +17.1% | +1.5% |
| 26/01/27 | +21.6% | +2.0% |
| 26/01/28 | +24.8% | +1.8% |
| 26/01/29 | +24.0% | +1.7% |
| 26/01/30 | +18.5% | +1.4% |
Korean stocks in these industries
- Samsung Electronics 005930
- SK hynix 000660
- SKC 011790
Trades in these industries around the announcement
Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.
- Teyin M. Liu
BuyMicron Technology
BuyMicron Technology
MU
$3.9M
11,600 sh
$3.9M
Filed 01/15
Traded 01/13
- Teyin M. Liu
BuyMicron Technology
BuyMicron Technology
MU
$2.6M
7,820 sh
$2.6M
Filed 01/15
Traded 01/14
- Teyin M. Liu
BuyMicron Technology
BuyMicron Technology
MU
$1.3M
3,780 sh
$1.3M
Filed 01/15
Traded 01/14
- David Zinsner
BuyIntel
BuyIntel
INTC
$250K
5,882 sh
$250K
Filed 01/27
Traded 01/26
- Nancy Pelosi
Partial saleNvidia
Partial saleNvidia
NVDA
$1M–$5M
Spouse
$1M–$5M
Reported 01/23
Traded 25/12/24
- Mark A. Stevens
SellNvidia
SellNvidia
NVDA
$63.6M
350,000 sh
$63.6M
Filed 25/12/09
Traded 25/12/05
- Harvey C. Jones
SellNvidia
SellNvidia
NVDA
$44.3M
250,000 sh
$44.3M
Filed 25/12/17
Traded 25/12/15
- Mark A. Stevens
SellNvidia
SellNvidia
NVDA
$40.1M
222,500 sh
$40.1M
Filed 25/12/22
Traded 25/12/19
- Lisa T. Su
Sell10b5-1 planAdvanced Micro Devices
Sell10b5-1 planAdvanced Micro Devices
AMD
$6.2M
29,101 sh
$6.2M
Filed 25/12/12
Traded 25/12/11
- Lisa T. Su
Sell10b5-1 planAdvanced Micro Devices
Sell10b5-1 planAdvanced Micro Devices
AMD
$4.9M
23,205 sh
$4.9M
Filed 25/12/12
Traded 25/12/11
- Nancy Pelosi
BuyNvidia
BuyNvidia
NVDA
$250K–$500K
Spouse
$250K–$500K
Reported 01/23
Traded 01/16
- Lisa T. Su
Sell10b5-1 planAdvanced Micro Devices
Sell10b5-1 planAdvanced Micro Devices
AMD
$3.5M
15,991 sh
$3.5M
Filed 25/12/12
Traded 25/12/11
- Lisa T. Su
Sell10b5-1 planAdvanced Micro Devices
Sell10b5-1 planAdvanced Micro Devices
AMD
$3.2M
14,892 sh
$3.2M
Filed 25/12/12
Traded 25/12/11
- Lisa T. Su
Sell10b5-1 planAdvanced Micro Devices
Sell10b5-1 planAdvanced Micro Devices
AMD
$2.6M
12,019 sh
$2.6M
Filed 25/12/12
Traded 25/12/11
- Timothy Archer
Sell10b5-1 planLam Research
Sell10b5-1 planLam Research
LRCX
$18.6M
113,300 sh
$18.6M
Filed 25/12/18
Traded 25/12/17
- Lisa T. Su
Sell10b5-1 planAdvanced Micro Devices
Sell10b5-1 planAdvanced Micro Devices
AMD
$1.8M
8,201 sh
$1.8M
Filed 25/12/12
Traded 25/12/11
- Nancy Pelosi
BuyNvidia
BuyNvidia
NVDA
$100K–$250K
Spouse
$100K–$250K
Reported 01/23
Traded 25/12/30
- Lisa T. Su
Sell10b5-1 planAdvanced Micro Devices
Sell10b5-1 planAdvanced Micro Devices
AMD
$1.5M
6,877 sh
$1.5M
Filed 25/12/12
Traded 25/12/11
- Lisa T. Su
Sell10b5-1 planAdvanced Micro Devices
Sell10b5-1 planAdvanced Micro Devices
AMD
$1.4M
6,700 sh
$1.4M
Filed 25/12/12
Traded 25/12/11
- Ajay K. Puri
Sell10b5-1 planNvidia
Sell10b5-1 planNvidia
NVDA
$36M
200,000 sh
$36M
Filed 01/23
Traded 01/21
